What is dollar-cost averaging? How to invest smart, consistently
Tying up your money in the market can feel like a risky game. That’s why many financial experts recommend implementing investment strategies, such as dollar-cost-averaging, to minimize risk while keeping the potential for gains.
Having an investment strategy that takes your budget, long-term financial goals and risk-tolerance into consideration is key to helping your money grow and staying the course when the market becomes volatile. But even the best-laid financial plan won’t do any good if you never act on it. Too often, investors end up waiting on the sidelines for the “perfect time” to enter the market. Unfortunately, there is no way to know when this time is until after the fact.
This is where strategies like…