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What is Dollar Cost Averaging, and how do I use it?

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What is Dollar Cost Averaging, and how do I use it?

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* Dollar cost averaging can help reduce exposure to stock market fluctuations and timing risk by investing equal, fixed amounts of money in particular investments on a regular schedule. This means you end up buying more shares when prices are low and fewer shares when prices are high. In the long run, this slow and steady investment pace could lower your average cost – turning the normal ups and downs of the stock market in your favor.

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