New to silver

The parent mentioned Dollar Cost Averaging. Many people, including non-native speakers, may be unfamiliar with this word. Here is the definition:(In beta, be kind)


Dollar cost averaging (DCA) is an investment strategy with the goal of reducing the impact of volatility on large purchases of financial assets such as equities. Dollar cost averaging is also called the constant dollar plan (in the US), pound-cost averaging (in the UK), and, irrespective of currency, as unit cost averaging or the cost average effect. By dividing the total sum to be invested in the market (e.g. $100,000) into equal amounts put into the market at regular intervals (e.g. $1000 over 100 weeks), DCA hopes to reduce the risk of ... [View More]


See also: Bullion Coin | Pricey | Generic | Constant Dollar Plan

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