What is “Dollar Cost Averaging”? (Investing 101)
An important investing 101 concept that all investors should know about is dollar cost averaging, or otherwise known as “DCA”. Dollar cost averaging is a strategy that has been around for as long as investing has been around. The good news is, there is nothing complicated about the strategy. In all actuality, you might already be doing the investing strategy without even realizing it. That is how easy the strategy is! How does dollar cost averaging work? What is the math behind it? That’s what I’ll discuss in this video along with a very simple way to understand the math by asking yourself two very easy questions. There is nothing fancy or complicated in this video, but these are the best ones! When you can keep your investing strategy as easy and straight-forward as possible, you know you’re doing it right! If you are currently not doing this investing strategy, I hope this video opens up some ideas to you that you can consider in your wealth building efforts!
Get the Scanner You See in This Video (and get FREE stock) - https://act.webull.com/kol-us/share.html?hl=en&inviteCode=evOL9JOlHFh4
This Free Event Reveals: How I transformed myself from an employee to my own boss (and how you can too, even with no experience!). Register: https://claytrader.com/1-hour-trader-transformation/?utm_source=social&utm_medium=youtube
Enjoy this Free Content? I'm confident you'd enjoy my premium training courses then: https://claytrader.com/training/?utm_source=social&utm_medium=youtube
Hear real-life trading journeys from "normal" people: The Stock Trading Reality Podcast - https://claytrader.com/podcast/?utm_source=social&utm_medium=youtube
Pick up some ClayTrader gear at https://daytradergear.com/?utm_source=social&utm_medium=youtube
-
18:20
Clay Trader
8 months ago[LIVE] Day Trading | Keeping Losing Trades “Basic”
2792 -
1:51
KERO
2 years agoWhat will cost more in 2022
551 -
4:27
RealAmericasVoice
2 years agoWhat Show Cost Amazon $465 Million?
3241 -
9:11
Cafeteria Catholics Come Home
2 years agoWhat Is Faith? (Aquinas 101)
322 -
3:03
Cafeteria Catholics Come Home
2 years agoWhat Did St. Thomas Write? (Aquinas 101)
191 -
1:23:16
Graham Allen
4 hours agoBiden Is Dropping OUT And They Are Using COVID!! + Secret Service KNEW The Attack Was Coming?!
54.4K255 -
9:52
Gamers Unbeaten
2 hours agoThe Hardest Choice in 'This War of Mine'
18.7K2 -
2:21:27
Matt Kohrs
11 hours agoRumble ($RUM) & Truth Social ($DJT) Shorted Before Assassination Attempt??? || The MK Show
43.8K12 -
43:42
Rethinking the Dollar
2 hours agoTrump Has The MAGA Crowd Wrapped Around His Finger | Thursday Morning Check-In
19.3K23 -
2:57:46
Wendy Bell Radio
7 hours agoIt's Lights Out For Joe Biden
56.9K72