If you choose the latter route, you might be opting for an investment strategy called dollar-cost averaging. You might already be engaging in dollar-cost averaging and not even know it. Every time this happens, you're dollar-cost averaging. Before you start divvying up your money, here are three things to know about dollar-cost averaging:Why Might Someone Consider Dollar-Cost Averaging? Also, keep in mind that if you engage in dollar-cost averaging, you might encounter more brokerage fees.
Source: Daily Sun May 30, 2022 19:53 UTC