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+1 for dollar cost averaging if your funds are also coming in on a schedule (per paycheck). However, if one had a million dollars sitting in the bank, it may n
by techthumb 7y ago
+1 for dollar cost averaging if your funds are also coming in on a schedule (per paycheck).
However, if one had a million dollars sitting in the bank, it may not be prudent to dollar cost average. Portfolio management and a time horizon are necessary to achieve the desired mix