Dollar-Cost Averaging: The Smart Investing Strategy That Removes Emotion
Introduction Successful investing requires two things: a good strategy and discipline to execute consistently. Dollar-cost averaging (DCA) provides both by automatically investing fixed amounts on a regular schedule, regardless of market conditions. This guide explains how DCA works, why it’s effective, and how to implement it in your investing plan. What Is Dollar-Cost Averaging? Dollar-cost averaging means investing a fixed amount of money at regular intervals (monthly, weekly, etc.) regardless of market price. ...