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What is Dollar Cost Averaging? (Dollar Cost Averaging Explained)

What is Dollar Cost Averaging? (Dollar Cost Averaging Explained)

Perhaps the easiest investing strategy to employ and one that will lower your risk, dollar cost averaging is a great method for everyday investors. Many people are unaware that they already use this strategy in their 401k and individual retirement accounts. Don't panic and try to time the market when things are uncertain and then wait for things to recover after times of turmoil. Is dollar cost averaging better than lump sum investing? Use this strategy to ensure you're not sitting on the sidelines when others are making their…

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