Manage episode 265747605 series 1923829
In episode 275 of Financially Simple, Justin and Jeff Jeter cover the ins and out of Dollar-Cost Averaging.
Buy low, sell high - that’s essentially what Dollar-Cost Averaging is, but it there’s more to it than that. Justin and Jeff discuss what Dollar-Cost Averaging is, and break down the math behind it in Financially Simple terms.
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01:18 - What is Dollar Cost Averaging
04:48 - What is DCA
05:57 - Frequency
11:14 - Breaking Down the Math
15:28 - Fire and Forget
18:28 - Other Advantages to DCA
19:45 - DCA Uses
23:13 - Wrap Up
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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.