3 Ways You'll Master the Market With This Classic Investing Strategy
The fear that you'll make a mistake like investing just before a stock market crash can make investing scary. That dread may be so great that it keeps you from doing anything at all.
Dollar-cost averaging is a strategy where you invest a pre-determined sum periodically throughout the year, usually monthly, and it can help alleviate this concern. With this process, you build your portfolio over time. Some months you'll get lower prices, and some months you'll get higher prices, but most importantly, you'll actively participate in the stock market and master it in these three ways.
Image source: Getty Images.
Source Fool.com