Mastering Dollar-Cost Averaging: A Strategic Approach to Mutual Fund Investing
Understanding Dollar-Cost Averaging Dollar-cost averaging (DCA) is an investment strategy that involves consistently investing a fixed amount of money into a particular investment vehicle, such as mutual funds, at regular intervals, regardless of the prevailing market conditions. This approach contrasts sharply with lump-sum investing, where an investor deploys a large sum all at once. The … Read more