
Dollar Cost Averaging Large Sums
DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing
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Understanding the Psychological Benefits of Dollar Cost Averaging in Investing
This chapter delves into the psychological challenges retail investors face when dealing with market volatility and the limitations of mathematical models in real-life scenarios. It advocates for dollar cost averaging as a strategy to help investors manage emotional stress and gain insights into their risk tolerance over time.
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