Dollar-Cost Averaging
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Timing markets is a dangerous game. That’s why many advisers suggest that investors practice dollar-cost averaging, which means investing the same amount of money on a regular basis regardless of what the market is doing. This way you don’t risk putting all of your money into the market when it’s at or near its peak. “You may not get the maximum returns, but if it keeps you from panic-selling, then you’re still better off than you would have been,” says Adam Bold, founder of the Mutual Fund Store.
