Simple, but Not Easy

Is Dollar-Cost Averaging Irrational? Compared to What? (Ep. 30 Rebroadcast)


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While we're off for spring break, we're reprising this episode featuring Terry Hawkins, sales manager at Morningstar Investment Management and Paul Kaplan, research director for Morningstar Canada. They discuss dollar-cost averaging, or the practice of investing slowly over time instead of in one lump sum. Research by Kaplan and others show that dollar-cost averaging might be expected to underperform a lump-sum approach. But what if it's what gets an investor into the markets?
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Simple, but Not EasyBy Morningstar

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