Let’s dive into dollar cost averaging! 🤿
This is an investment strategy where you invest a fixed amount of money at regular intervals regardless of market conditions.
This approach spreads your investments across various market conditions and reduces the impact of market volatility. Over time, this averages out the cost of your investments, potentially lowering the overall average price per share. 👏🏼
Overall, dollar cost averaging is a straightforward and effective method to build wealth gradually and manage investment risk!
Send this to an investor you know! 📨
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