Dollar-Cost Averaging vs. Lump Sum Investing
If you want to dip your toe into investing, it can be overwhelming. The terminology, risks and fees might make you want to just dump your funds in a savings account instead. But that would be a mistake – investing can be a great way to grow your assets over time and with the right strategy you can mitigate risks and maximize returns. Q1 2023 hedge fund letters, conferences and more What Is Dollar-Cost Averaging?According to FINRA, dollar-cost averaging is an investing strategy where you break up your funds into portions and invest one portion at a time. For example, if you have $5,000 you’d li...