Is Dollar Cost Averaging A Good Strategy? (070)
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Description
What is Dollar Cost Averaging (DCA) and how can it help you to invest? Signe and Michelle talk about the pros and cons of DCA where you contribute a fixed amount of money to your investing account and invest in stocks or mutual funds on a consistent basis. Whether you DCA or go another investing route like lump sum contributions and tranching into a particular stock, you should stick to a strategy for a long time without jumping in and out of the market. Most of all, try not to regret your decisions for the best outcomes. You can also follow us on Instagram @InvestingMastermindPodcast.
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Listen to part 2 of our key takeaways from the 2024 Berkshire Hathaway Annual Meeting. Michelle and Signe share their insights from the meeting and share what was the "talk-of-town" in Omaha during the meeting. Remember to subscribe to @investingmastermind to get the most recent episode...
Published 05/21/24
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