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Dollar Cost Averaging: What is it and Why to Use it

Dollar Cost Averaging: What is it and Why to Use it

Most people who invest are dollar cost averaging fans but they don’t even know it. Dollar cost averaging is founded on a simple idea that investors should accumulate investments over long periods of time in very small doses. Anyone who saves for retirement with a 401k does just this – each pay period funds are moved from the worker’s check to their investment accounts. Dollar cost averaging has its benefits. Continue Reading