Series 66: 4.5.3 Dollar Cost Averaging

Taken from our Series 66 Online Guide

4.5.3 Dollar Cost Averaging

Dollar cost averaging is a tried and true investing strategy that has a long history of reaping rewards for investors. Under a dollar cost averaging strategy, an investor invests the same dollar amount in a security at regular intervals (weekly, monthly, quarterly, etc.). For example, an investor might invest $100 out of his paycheck in the ABC

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