Dollar-Cost Averaging is a strategy for managing market volatility!
The Walton Financial Group in Barrie, Ontario offers a Dollar-Cost Averaging Fund (DCAF)
Dollar-cost averaging is an investment technique used to help reduce the risk of timing a single-sum investment. By investing a fixed dollar amount at regular intervals, the “dollar-cost averaging” process helps control the effect of market volatility by smoothing out the average cost per investment unit purchased. Over time, and in certain market conditions, it can result in a lower average price and a higher gain.
In times of market volatility and turmoil, this approach has proven to be effective historically. While it’s important to note that dollar-cost averaging doesn’t always produce a higher-end return versus a lump sum, its systematic approach takes the emotional side out of investing and may help investors stay the course.
Meet with a financial advisors at The Walton Financial Group in Barrie, Ontario to discuss whether Dollar-Cost Averaging is an approach to help you manage market volatility.
