How to Use Dollar-Cost Averaging to Your Advantage
<p>**What is Dollar-Cost Averaging (DCA)?:** Definition and explanation of the DCA investment strategy. - **How DCA Works:** How regular, fixed investments can mitigate the impact of market volatility and reduce the average cost per share. - **Benefits:** Advantages of DCA, including reduced timing risk and disciplined investing. - **Implementation:** Steps to implement DCA, including setting up automatic contributions and choosing investments. - **Limitations:** Discussion of potential limitations, such as missed opportunities in rising markets and the need for a long-term perspective. - **Conclusion:** The role of DCA in a long-term investment strategy and how it can help investors manage market volatility.</p>