Sentences with phrase «dollar cost averaging describes»
Dollar cost averaging describes a way of investing in which a person buys a stock or other asset in a series of small purchases over time rather than in one large purchase.
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AS AN ALTERNATIVE TO DOLLAR - COST averaging, consider value averaging, a strategy developed by a former Harvard Business School professor, Michael Edleson, and described in his 1993 book Value Aaveraging, consider value averaging, a strategy developed by a former Harvard Business School professor, Michael Edleson, and described in his 1993 book Value Aaveraging, a strategy developed by a former Harvard Business School professor, Michael Edleson, and described in his 1993 book Value AveragingAveraging.
As opposed to dollar cost averaging (DCA), value averaging (as described in this eHow article) is a technique where the investor determines the value the investment should have after a given time...