dollar cost averaging definition

  • noun:
    • Periodic financial investment of a fixed buck amount, as in a certain stock or fund or perhaps in industry as a whole, regarding the belief that average value of the financial investment will increase with time and therefore it is really not possible to foresee the advanced highs and lows.
    • regular financial investment of a set buck quantity, as with a specific stock or investment or in the marketplace in general, regarding the belief that the average value of the investment will increase with time hence it's not possible to foresee the advanced highs and lows.
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