Accumulate NVDA Stock

$NVIDIA Corp(NVDA)$Instead of going all-in on the stock at current levels, I like the idea of accumulating NVDA stock. 

Also known as dollar-cost averaging (DCA), this can be a highly effective method for investors. That's especially true when we're talking about high-quality companies, which Nvidia is. Accumulating the stock or using DCA lets us average into a position. It removes the stress and potential pain of piling into the stock at a specific level.

Since 1950, the S&P 500 $S&P 500(.SPX)$has delivered a win-rate north of 82% when we include the dividends and its up years outpace the down years. In short, it favors long-term investors who DCA their funds. That doesn't guarantee that Nvidia will do well, but its business is strong and that should ensure that its long-term performance pays off for patient buyers.