4 ms·
Dollar cost averaging is a decent strategy in a bear market. You basically buy more and more shares for the same money as it goes down. You’ll have bought more
by empath75 9y ago
Dollar cost averaging is a decent strategy in a bear market. You basically buy more and more shares for the same money as it goes down. You’ll have bought more shares at the bottom them at the top.
- jjeaff 9y agoIn other words, set up buying on a schedule and stick to that schedule, purchasing the same dollar amount each month. Don't deviate from your schedule because you cannot time the market.