Dollar cost averaging - In the US, a plan which enables investors to accumulate shares in stock or a mutual fund by purchasing on a regular basis (for example monthly) with a fixed dollar amount. When the price is low, more shares will be purchased and fewer when the price is high. Also known as constant dollar plan. Known as pound cost averaging in the UK.
Dollar cost averaging : in the us, a plan which enables investors to accumulate shares in stock or a mutual fund by purchasing on a regular basis (for example monthly) with a fixed dollar amount. when the price is low, more shares will be purchased and fewer when the price is high. also known as constant dollar plan. known as pound cost averaging in the uk.
Dollar cost averaging