Investment Tips: How Dollar-Cost Averaging Works Wonders for New Investors

October 9th, 2023

Are you new to investing and feeling unsure about where to begin? Do you find yourself lacking the time to effectively monitor and manage your investments? Perhaps you've attempted to time the market in the past, only to encounter challenges and setbacks. If these concerns resonate with you, you're in the right place.

Ever heard of Dollar Cost Averaging (DCA) as the solution?

It's a technique where you consistently invest a fixed sum of money every week or month, regardless of market ups and downs. This straightforward approach is perfect for beginners who lack the time to manage their investments. DCA helps you navigate market volatility smartly.


How does DCA work?

Stay committed to your investments by putting in a consistent sum every month, purchasing at varying price levels. In doing so, you can:

1) Lower your average investment cost over time.

2) Lessen the effects of market volatility.

3) Potentially enhance your long-term returns.

Revolutionize Your Investments: Simplifying DCA with GOinvest!

Now that you've simplified investments with DCA, GOinvest makes it even easier! Simply enable Auto Cash In to invest a fixed amount into your chosen Principal Unit Trust funds on a monthly basis. It's hassle-free, fast and secure.

Here’s the step-by-step guide to enable Auto Cash In:


Wealth accumulation is a gradual process, and maintaining consistency in saving and investing is key to financial well-being.

Don’t know where to begin your investment journey?

If you're a risk-averse individual seeking a secure cash storage option with swift payment capabilities, consider transferring or cashing in your TNG eWallet funds to GO+ because it makes more sense!


With GO+, you’ll enjoy:

- Seamless digital sign-up for a hassle-free experience.

- Earn daily returns more than 3.4%* p.a.

- You can start from RM10.

- Safety & security – Managed by Principal Asset Management professionals.

- Availability for payments anytime and anywhere.

- Cash out to your eWallet or bank account anytime without lock-ins.

- GO+ is a Shariah-compliant fund for everyone.

If you're someone looking to elevate your investment journey, consider GOinvest. By leveraging the expertise of fund managers, you have a choice of 9 Principal Unit Trust Funds tailored to various risk horizons.


With GOinvest Principal, you’ll benefit:

- Seamless digital sign-up for a hassle-free experience.

- Projected returns of up to 7.29%** p.a.

- A starting point as low as RM10

- Safety & security – Managed by Principal Asset Management professionals.

- Cash out to your bank account anytime without lock-ins or early withdrawal fees.

- Flexible choice of conventional / Shariah-compliant funds.


*The projected daily return rate is net of fees. Nett daily return rate is based on yesterday’s return and may vary from day to day.
**Performance figures are based on total returns (capital appreciation with income distribution) of the fund since inception. You may view the Fund Documents in the eWallet app, GOinvest Principal, by clicking on ‘Fund Info’. Please note that past performance is not an indication of future performance.

Investment involves risk. Please read our disclaimer before investing.