By using dollar cost averaging

Question

Quizplus · Accepted Answer

Dollar cost averaging is a strategy in which the investor invests a fixed amount of money at regular intervals, at the prevailing market prices. This approach allows the investor to purchase securities over time, regardless of market price fluctuations. The goal of dollar cost averaging is to reduce the impact of volatility on the overall cost of investment, making it a smart and easy way to invest for the long term. It is not an attempt to beat the market or only buy when prices are favorable.

By Using Dollar Cost Averaging