Playing the Averages
Dollar-cost averaging is a systematic approach to long-term investing. This is the practice of investing the same amount of money in the same investment at regular intervals (for example, once a month), regardless of market conditions. Since the amount you invest is always the same, you automatically buy more shares when the price is low, and fewer when the price is high. Dollar-cost averaging can also be an effective strategy with funds or stocks that can have sharp ups and