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RETHINKING: Dollar Cost Averaging (DCA)?
By Dr. David E. Marcinko MBA
Dollar cost averaging (DCA) is an investment strategy with the goal of reducing the impact of volatility on large purchases of financial assets such as equities.
Dollar cost averaging is also called the constant dollar plan (in the US), pound-cost averaging (in the UK), and, irrespective of currency, as unit cost averaging or the cost average effect.
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Assessment: Might DCA also be called Dollar Cost Ravaging?
Conclusion
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Filed under: Investing | Tagged: DCA, dollar cost averaging, Dollar Cost Ravaging |
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