The Benefits of Long-Term Investing, Compound Interest, and Dollar Cost Averaging If you’re looking to grow your wealth, long-term investing is the right way and is a great option. But there are a few things you need to know to make sure you’re doing it right. Of course, all of these areas can be greatly expanded on, but this article is to give you a…
Posts Taggeddollar cost averaging
What Is Dollar Cost Averaging
What Is Dollar Cost Averaging Dollar Cost Averaging is a simple investment approach that turns short-term volatility to the regular investor’s advantage. In effect, it shows that the reason many investors are reluctant to enter or remain in, a falling or volatile market is the very reason they should consider doing so. If you are making regular contributions into KiwiSaver for example, or a Managed…