The Elusive Key to Wealth: A Closer Look at Dollar Cost Averaging The stock market can be a formidable beast for individual investors trying to make sense of its complexities.
Over the past decade, the S&P 500 index has generated a total return of 322% (as of August 5), with dollar cost averaging significantly amplifying this gain.
Dollar cost averaging involves allocating a fixed amount of capital at regular intervals, creating an automated investment process that doesn't require timing the market.