Sammie and Michelle focus in on Dollar Cost Averaging.

What is dollar cost averaging and what is the definition of dollar cost averaging? We look at Dollar Cost Averaging vs Timing the Market vs Lump Sum. This episode is around the benefits dollar cost averaging around index funds like those that follow the S&P 500 not dollar cost averaging crypto or an individual stock. Per usual, we talk about personal finance topics for entertainment value, this is not financial advice!

Show Notes:

Dollar-Cost Averaging (Investopedia)
How To Invest with Dollar Cost Averaging (Forbes)
Dollar-cost Average Calculator
Dollar Cost Averaging (DETAILED EXPLANATION) (YouTube It's Your Girl Rose)
S&P 500
Time in the market beats timing the market - Ken Fisher
"Reports of romance scams hit record highs in 2021"

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82. What is Dollar Cost Averaging?