Dollar-Cost Averaging! What It Is And How It Works! | Clever Girl Finance

There are a number of investing strategies and dollar-cost averaging is one of them. Dollar-cost averaging or DCA is when the total amount you want to invest is purchased over a certain amount of time to reduce the impact of volatility on your overall portfolio.

Keep in mind that this strategy assumes that prices will eventually always rise. And while historically that is accurate, the strategy can’t protect you from the risk of an extended declining market.

Do you leverage dollar-cost averaging? Leave a comment below!

OTHER INVESTING VIDEOS:
- How the 3-fund portfolio works: https://youtu.be/-tDUQtg701I

- Should you buy individual stocks: https://youtu.be/RUBF1Pa64D4

- How to get started with investing: https://youtu.be/44Q43H6sAEc

--- Looking for A GREAT BANK ACCOUNT to SAVE MORE? ---
Check out Chime: https://www.chime.com/applytp/?ref=clevergirlfinancecgf&ad=tp_
--- Considering TERM LIFE INSURANCE? ---
For great term life insurance that allows you to increase or decrease your policy as you need to with no fees, check out Ladder:
https://ladder.pxf.io/c/403981/557243/9299?subId1=%7BsubId1%7D

(P.S. These are affiliate links from brands Clever Girl Finance loves and trusts. If you use our link to sign up we may earn a commission which helps us grow!)

❤ Get the best-selling Clever Girl Finance Books: https://clevergirlfinance.com/books

❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking resources: https://clevergirlfinance.com/course-packages

❤ Read the Clever Girl Finance Blog: https://clevergirlfinance.com/blog

❤ Follow us on Instagram: http://instagram.com/clevergirlfinance

Видео Dollar-Cost Averaging! What It Is And How It Works! | Clever Girl Finance канала Clever Girl Finance