Today we are discussing dollar cost averaging. We have discussed this before, and we have decided to revisit this topic again.
Dollar cost averaging is a strategy that allows an investor to buy the same dollar amount of an investment on regular intervals the purchases occur regardless of the asset’s price.
Human emotion gets in the way of investing.
Sometimes dollar cost averaging is seen as an acronym DCAF.
We discuss the way dollar cost averaging works in an investment portfolio.
As always, it is always important to discuss your financial plan with a professional before making any decisions.
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