Tag: Averaging

How Compound Interest and Dollar Cost Averaging Reduce the Cost of Retirement

Most of us know it is smart to save money for those big-ticket items we really want to buy — a new television or car or home. Yet you may not realize that probably the most expensive thing you will ever buy in your lifetime is retirement. Perhaps you’ve never thought of “buying&...

What is Dollar Cost Averaging and How Can It Maximize the Return of Your Investments?

Buying low and selling high is how one maximizes investment returns. But how can I consistently buy low when asset prices change all the time? Haven’t I been taught that trying to time the market is a fool’s errand? Spoiler alert: There is no secret way of consistently buying low. How...