What is Dollar Cost Averaging? (Dollar Cost Averaging Explained)

What is Dollar Cost Averaging? (Dollar Cost Averaging Explained)
Perhaps the easiest investing strategy to employ and one that will lower your risk, dollar cost averaging is a great method for everyday investors. Many people are unaware that they already use this strategy in their 401k and individual retirement accounts. Don't panic and try to time the market when things are uncertain and then wait for things to recover after times of turmoil. Is dollar cost averaging better than lump sum investing? Use this strategy to ensure you're not sitting on the sidelines when others are making their fortune and you're not losing your hat when the market crashes.

Each of these videos is completely original--written, narrated and animated by myself.

Sign up with Robinhood to get FREE stocks: http://share.robinh4ood.com/christw132

My equipment/programs
Blue Yeti Microphone
Apple iMac
GarageBand
VideoScribe

DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.