word
dollar-cost averaging
DOL-ar KOST AV-er-aj-ing
ˈdɒlər kɒst ˈævərɪdʒɪŋListen
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Syllable breakdown
dollarcostaveraging
Dictionary meaning
investment strategy of buying a fixed dollar amount of an asset at regular intervals regardless of price; reduces the impact of volatility; results in buying more shares when prices are low and fewer when prices are high
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