Simple Investing: Dollar Cost Averaging

This month, for our B5 Media Business Channel Theme Day, we’re doing “elegant simplicity.” My thoughts immediately turned to investing. Many people are intimidated by it, and worried about putting large amounts of money into an investment.
One of the simple ways to participate in investing is to use dollar cost averaging. And, if you have a retirement account, you already employ dollar cost averaging to growth your retirement savings.
What is dollar cost averaging?
Dollar cost averaging is, basically, when you take a certain amount of money and regularly invest it by buying what you can with it — even partial shares. …read more