Dollar-cost averaging is the best investing strategy for regular folk
Typical investment advice either sounds incomprehensible (“The blockchain does the hokeypokey and fiat currency goes the way of the dodo!”) or too simple (“Just get in on the ground floor of the next Apple!”) and does very little to help the average person become an investor. This kind of standard advice doesn’t work because it assumes investing is a onetime event.
Instead, newbie investors should look at growing their money as a consistent habit. Habitual investing allows you to take advantage of the so-easy-it’s-complicated advice to “buy low and sell high.” That’s because consistency is the key to an investment strategy called dollar-cost averaging.
Here’s what you need to know about how dollar-cost averaging works…
