Dollar cost averaging helps investors avoid the pitfall of buying high and selling low.

Name: Dollar cost averaging helps investors avoid the pitfall of buying high and selling low.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Dollar cost averaging involves regularly investing a fixed amount of money, which can help investors buy more shares when prices are low and fewer shares when prices are high, thus reducing the risk of investing a large amount at an unfavorable time.

Dollar Cost Averaging Helps Investors Avoid the Pitfall of Buying