
149. SHORTS: What is dollar-cost averaging?
From its name – and the fact that it has its own acronym – you might assume that dollar-cost averaging (or DCA) is tricky. It FEELS like the kind of term suited up fund managers might use to justify their exorbitant fees, right?
In truth, dollar-cost averaging is one of the simplest long-term investing strategies around. And if you give us a few minutes, we’ll give you an explanation of how it can work for you.
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