Guide To Dollar-Cost Averaging: How To Build Wealth Over Time
Key takeaways
- Dollar-cost averaging is a popular investing strategy that entails buying new investments at regular intervals, such as once a month.
- If you have a 401(k), you’re already dollar-cost averaging with every paycheck. But you can also use the practice in a typical brokerage account, individual retirement account (IRA) or any other type of investing account.
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