4min chapter

Tom Bilyeu's Impact Theory cover image

How To Prepare For The GLOBAL RECESSION & Build Wealth In The Process! | Raoul Pal

Tom Bilyeu's Impact Theory

CHAPTER

What Is Dollar Cost Averaging?

The idea of dollar cost averaging was extraordinarily comforting to me. Most people have no idea where the price is going over a short term. In fact, you love it when it falls, because you're buying more units at a lower price. But if you don't know how to market time and 99.9% of people don't, then you just average in overtime and magic will happen.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode