What is Dollar-cost averaging (DCA)?
Risk & strategyInvesting a fixed amount on a regular schedule, whatever the price, so you buy more when prices are low and less when they are high.
Think of it like: Spending the same amount on fruit every week: more apples when they are cheap, fewer when they are pricey.
Real example: Buying $200 of an index fund every payday, whatever the price that month.
Lesson: Compounding: growth on growth Practise it now: Asset Race Practise it now: Monkey vs Manager