What is Dollar Cost Averaging (DCA) and How Does It Affect a Stock Portfolio?
Investing in the stock market comes with uncertainty, and market fluctuations can make it challenging to determine the best time to buy shares. Dollar cost averaging (DCA) is a strategy designed to reduce the impact of market volatility by investing a fixed amount of money at regular intervals, regardless of the stock price. How Dollar Cost Averaging Works Instead of attempting to time the market by buying shares at their lowest point, investors using DCA Read more…