Most Canadians who can invest, invest when they can.

It’s often done as a lump-sum payment to beat the annual registered retirement savings plan (RRSP) deadline each March, but that presents the risk of buying when markets are at their peak.

One way to mitigate that risk is through dollar-cost averaging (DCA)

DCA: set it and forget it

DCA involves investing throughout the year at regular intervals.

Investing regularly averages out entry prices and reduces the impact of short-term market downturns. It lowers the average cost because your money buys more shares or units when markets are down and fewer when they are up.

DCA investing is a safe way to build a portfolio over time. It’s one of those ‘sleep at night’ things.

Individual…