Investing in index funds and dollar cost averaging are the boring yet effective ways to invest. Co-host Andrew introduces himself as one of the rotating hosts and shares his passion for personal finance, sourdough bread baking, and cycling. We discuss the history of index funds, the benefits of investing in index funds, and how dollar cost averaging works. We share the key messages from John Bogle’s book “The Little Book of Common Sense Investing.” We also delve into the concept of dollar-cost averaging, explaining what it is and why it is so powerful and how the psychology of it can help you avoid decision fatigue.
Show References:
- Book: The Little Book of Common Sense Investing
- Book: The Simple Path to Wealth
- Book: Boglehead’s Guide to Investing
- Book: Dave Ramsey The Total Money Makeover
- Book: The Psychology of Money
- Andrew Knight’s Blog: Dollar cost averaging the worry-free way to invest