Sharing access to a fund at different times solves at the outset the problem of choosing the right time to invest.

Many experts agree that the so-called market timing (buying when prices are low and selling when prices are high) is a difficult strategy to implement and even less repeatable since it implies knowing how to accurately predict the market performance.

The risk you run is not only buying at the wrong time (in peak stages) but also to not buying at the right time.

Indeed, it has been widely demonstrated that lagging, even slightly, in a bullish market, can have a negative impact on overall returns.

Diversifying the investment time-wise allows not only to contain the effects of volatility but also to take advantage of it: periods of decline in financial markets are thus transformed into opportunities because they can buy a greater number of shares, containing the average purchase price.

The PAC is even more effective in times of turmoil, when many investors would be tempted to stay out of the market or, even worse, to get out of it by making the mistake of selling at the least pushed by the emotionality of the moment. It would be enough to remain faithful to your plan, aware that the negative trend of the markets can even play in your favor because it represents an opportunity to buy at more advantageous prices. The construction of capital is gradual over time and is achieved through periodic and constant accumulation, monthly or quarterly.