From Stocks to Bonds: 10 Essential Portfolio Balancing Techniques
Published Monday August 28 2023 by Michael Hoffman
3. Dollar-Cost Averaging
Dollar-cost averaging involves investing a fixed amount of money at regular intervals, regardless of market conditions. This strategy can be particularly useful for investors who are concerned about timing the market.
By investing consistently over time, you can take advantage of market lows by purchasing more shares when prices are down. This strategy can help reduce the average cost of your investments and mitigate the impact of market volatility.