Schedule Purchases Setup

understanding auto buy for automated investing the auto buy feature in sagemaster's ai basket platform allows you to implement dollar cost averaging (dca), a powerful investment strategy that involves investing a fixed amount at regular intervals regardless of market conditions this systematic approach helps reduce timing risk and creates a disciplined investment habit benefits of scheduled purchases risk mitigation reduced timing risk by spreading investments over time, you avoid the potential downside of investing a large sum at market peaks volatility smoothing purchase more units when prices are low and fewer when prices are high, potentially lowering your average cost basis emotional discipline removes emotional decision making from the investment process practical advantages budget friendly align investment amounts with your cash flow and financial situation consistent exposure maintain ongoing market participation regardless of short term volatility long term focus encourages a sustainable investment approach aligned with long term goals setting up scheduled purchases initial configuration access your basket navigate to your existing basket or create a new one find the auto buy section in the basket settings enable auto buy toggle the auto buy switch to "on" this activates the scheduling options set investment amount enter the fixed amount you wish to invest per cycle this amount will be consistently invested according to your schedule scheduling options best for aggressive dca strategies or highly volatile markets configuration select "daily" option choose a specific time for the daily purchase the system will execute trades daily at your specified time best for balanced dca approach with moderate frequency configuration select "weekly" option choose day(s) of the week (e g , monday, wednesday, friday) set specific time for execution the system will invest on your selected day(s) each week best for long term investors with scheduled income configuration select "monthly" option choose a date between 1 28 of each month set specific time for execution the system will invest monthly on your chosen date advanced configuration tips optimizing purchase frequency consider these factors when selecting your purchase frequency market volatility higher volatility markets may benefit from more frequent purchases lower volatility markets may work well with less frequent purchases transaction costs be aware of any potential transaction costs that might impact very frequent purchases sagemaster works to optimize these, but they should still be considered capital availability align purchase frequency with your cash flow set up purchases after regular income deposits for seamless investing adjusting your strategy you can modify your auto buy settings at any time to adapt to changing market conditions or personal circumstances changing amount increase or decrease your periodic investment amount consider increasing during significant market downturns modifying schedule adjust frequency based on market conditions or personal needs temporarily pause during uncertain periods without losing your settings supplementing with lump sums consider adding occasional lump sum investments during significant market dips use the "add capital" feature for these opportunities monitoring your auto buy performance track the effectiveness of your scheduled purchases through event history view a complete log of all auto buy transactions track actual execution times and amounts performance analysis compare your dca approach against lump sum alternatives evaluate your average purchase price against market averages allocation impact monitor how regular purchases affect your overall asset allocation consider combining with rebalancing for optimal results "successful investing takes time, discipline and patience no matter how great the talent or effort, some things just take time you can't produce a baby in one month by getting nine women pregnant " — warren buffett happy trading! the sagemaster team