Pound-Cost Averaging: Best Passive Investment Strategy?
December 10, 2019
What Is Pound-Cost Averaging (PCA)?
Pound-cost averaging is an investment method that decreases the overall volatility on purchasing equities and securities by spacing out investments over equal periods of time. Pound-cost averaging is a smart investment strategy for risk-averse investors who have long-term investment goals.
Across the pond, they call it dollar-cost averaging, for, well…