Jirachi
Great Supremacy Member
- Joined
- Jan 17, 2010
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Can someone explain the dividend reinvestment portion ?
From what I read online is the NAV will increase.. although our current shares price will increase.. but ultimately we are buying the shares at a more expensive price assuming we are using dollar cost averaging..
Correct me if I'm wrong
Put it in another perspective.
You bought at X dollar 3 months ago.
Price have risen each month and each DCA is at a higher price.
So X dollar has helped to lower the average while you are buying higher.