Simple logic why DCA (Dollar Cost Averaging) works

DCA works because

• It removes the risk of going "all-in" at exactly the wrong time. 
• Of course, you also give up the possibility of going "all-in" at just the right time, but very, very few people (and I'm talking about the pros here, too) can do that consistently. 
• Plus, most of us have a long accumulation phase; 
• we don't have a huge chunk of money to invest at any one time anyway. 
• Our potential investment dollars are coming in small doses with each paycheck, making them natural candidates for DCA.

Where to apply DCA?

1. DCA + Mutual Fund
2. DCA + ETF (search my blog for "ETF)
3. DCA + Investment-Link Life Insurance Policy

Please give comment if I have miss anything.