What is Dollar Cost Averaging? (Dollar Cost Averaging Explained)
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Dollar-cost averaging (DCA) is an investment strategy that involves investing a set amount of money at regular intervals, regardless of stock prices. The goal is to reduce the impact of price fluctuations and lower the average cost per share over time. 1️⃣How it works: Instead of investing a lump sum, investors make regular fixed-dollar investments at predetermined intervals. By consistently investing, they buy more shares when prices are low and fewer when prices are high. 2️⃣Benefits: DCA can
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