Do this by implementing a consistent and
disciplined dollar cost averaging plan where you put a fixed amount of money in the market on a regular basis.
Not exact matches
To further master the fine art of
dollar cost averaging, investment professionals recommend a blend of
discipline and organization.
Dollar cost average or Value Average and re-balance your portfolio periodically for drifts in your stock / bond allocation and keep repeating this in a disciplin
average or Value
Average and re-balance your portfolio periodically for drifts in your stock / bond allocation and keep repeating this in a disciplin
Average and re-balance your portfolio periodically for drifts in your stock / bond allocation and keep repeating this in a
disciplined way.
Making your contribution the first of the year is the best
dollar -
cost -
average discipline I know.
This provides both a savings
discipline and a
dollar -
cost -
averaging approach to investing in the markets.
Dollar cost averaging has been my best strategy for both my RRSP and RESP, the problem is that I am not that
disciplined with my taxable investment account and I like playing the market a bit: (Good thing most of my investments are in my RRSP (and rental properties as # 2).
The
disciplined low - stress thing to do would be to
dollar -
cost -
average your way into the market, and commit to (roughly) a $ 2,000 - a-month pre-authorized chequing (PAC) arrangement with your financial institution (or less for those earning less income).
Dollar -
cost averaging is a
disciplined investing approach and is one way to ride out market fluctuations.
The problem with a lot of people is they aren't
disciplined enough to do lump sum, so they need to
dollar cost average as it forces them to save a little bit at a time.
One great enforcer of
discipline is
dollar -
cost averaging, the practice of investing regular amounts at pre-defined intervals.
I would say, «
dollar cost averaging plus appropriate asset allocation plus low -
cost index funds is one simple, proven
discipline to give you a good shot at decent returns.»