Timothy has $100 automatically invested in a stock each month. This way, he doesn't buy high and sell low. He is using a

Name: Timothy has $100 automatically invested in a stock each month. This way, he doesn't buy high and sell low. He is using a
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Timothy is using the dollar cost averaging technique, which involves investing a fixed amount of money at regular intervals, regardless of market conditions. This helps to reduce the impact of market fluctuations and can lead to long-term gains.

Timothy Has $100 Automatically Invested in a Stock Each Month