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…
4 Essential Investing Terms All Beginners Need to Know | Phil Town
Many people find investing and personal finance confusing because of the investing terms. I’m going to break down some of the essential financial terms every investor needs to know so that you can get started on the path to financial…
Don’t Get Caught In The Dollar Cost Averaging Trap | Phil Town
You may be thinking that Dollar Cost Averaging, or DCA, sounds like a pretty good idea, but, here’s the thing… as a Rule #1 investor, you already know what price you are willing to pay, so DCA isn’t necessary. In…