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Use dollarcost averaging when investing from "summary" of The Intelligent Investor Rev Ed. by Benjamin Graham
Dollar-cost averaging is a simple and effective strategy for investors looking to minimize the risks associated with market fluctuations. Instead of trying to time the market and make large investments all at once, dollar-cost averaging involves investing a fixed amount of money at regular intervals, regardless of the market conditions. By spreading out investments over time, investors can avoid the pitfalls of trying to predict short-term market movements. This strategy helps to smooth out the impact of market volatility, as investments are made at different price points over time. This approach can help investors avoid the temptation to chase hot stocks or pani...
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