What Makes Dollar Cost Averaging The Best Investment Strategy

Dollar-cost averaging is a strategy that is used for investment whereby the investor reduces the influence of volatility that can have on the investments made by the person. Here the investor divides his amount for investment in the form of periodic purchases. As a solution, you might just utilise dollar-cost averaging, a straightforward strategy that entails making consistent, regular investments over time to build an income. Here the purchase happens even if the price of the asset fluctuates with time as well irrespective of the intervals....

March 16, 2023 · 3 min · 557 words · Michael Kirk
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