Dollar cost averaging lowers risk while preserving wealth in the event of a market meltdown. It conserves funds, allowing for greater liquidity and flexibility. The most significant benefit of DCA may be that an investor wouldn't have to check the markets daily. An investor would make sure the price of the security is one they are comfortable with and then allocate dollars to it in set intervals.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
