What Is Dollar Cost Averaging? (Business TIps)

Published: Nov. 4, 2020, 11 a.m.

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Investopedia definition

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Conservative approach

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Committing to regular dollar investment on a time basis, not a price basis

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Ease into the market

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Remove work of timing the market

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Remove concern of short-term volatility

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Great for beginning investors

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Build wealth over long period

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Divide total investment into smaller investments, scheduled

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Lower your cost-basis of the investment over-time

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Make sure it\u2019s a good company, this strategy doesn\u2019t protect against lack of company research

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