I think Dollar Cost Averaging is also fairly common in discussions about regular savings plans - eg, establishing an automatic savings plans that deducts $x fro

I think Dollar Cost Averaging is also fairly common in discussions about regular savings plans - eg, establishing an automatic savings plans that deducts $x from each salary and invests in a fund has the benefits of slowly building savings without you missing it, and dollar cost averaging into a market. Perhaps it's more common here in Australia, where compulsory superannuation (currently at 9%) means almost all of the workforce are investing in shares in some form.