What is dollar cost averaging?
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How do you dollar cost average?
Posted Answers
Submitted by markb on Mon, 06/22/2009 - 00:55.
A:
Answer by markb
Dollar Cost Averaging is the act of buying the same dollar amount of a stock each month. This allows you to buy more shares when the stock's price is low and fewer shares when it is high. It can often be more successful than buying the same number of shares each month.
Answer by markb
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