Home Retirement Glossary Dollar Cost Averaging

Retirement


DEFINITION

Dollar Cost Averaging

An investing system where the investor buys a fixed dollar amount of securities at regular intervals. As a result, more shares are purchased when the price is low and fewer shares are purchased when the share price rises.

RESOURCES

DID YOU KNOW?

62% of people are not financially ready for retirement. QuickPlan for tablets is an easy to use tool that allows you, within minutes, to assess your own retirement readiness and to forecast your finances for the long term.





    Please wait...