Almost every Nigerian knows someone who said, “I almost bought that stock, but I wanted to wait small.” They’re still waiting.
Imagine trying to buy fuel only on the cheapest day of the year. You would probably trek for years. That’s how many people approach stocks.
When fuel is cheap, you don’t know it will rise tomorrow. When it’s expensive, you don’t know it will fall next week. Yet, you still need fuel to move your life forward.
Stocks work the same way.
Most people enter the stock market asking one question “When is the best time to buy?” That single question has delayed more wealth than bad investments. The market doesn’t ring a bell to say, “Buy now” or “Sell now.” When it feels safe, it’s usually expensive. When it’s cheap, it usually feels scary.
Stocks don’t move on sense alone.
They move on fear, excitement, headlines, and crowd behaviour. And we all know crowds are rarely patient. Smart investors don’t try to outsmart the market. They outlast it. Instead of argueing with prices, they show up consistently.
This is where DCA comes in.
Dollar-Cost Averaging simply means “I will buy small-small, regularly, whether the market is calm or angry.” It’s why Warren Buffett once said:
“The stock market is a device for transferring money from the impatient to the patient.”
Remember, we don’t grow by learning alone. We grow by doing.
Grab the gist?
