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When one starts investing, the term that he/she might hear a lot is "dollar cost averaging". I didn't know about this term before, but because I wanted to improve my financial situation, and because rule #1 is to improve our financial literacy, understanding the different financial terms is imperative.
In this snippet, we talked about how people are investing for the long term and it is not ideal to interrupt your investment unnecessarily.
Listen to the full episode here: https://open.spotify.com/episode/316D6XHPfNjH0CombiPfcW?si=GkQE4c53S4m4BWS8PNx5WA
By Ray LowWhen one starts investing, the term that he/she might hear a lot is "dollar cost averaging". I didn't know about this term before, but because I wanted to improve my financial situation, and because rule #1 is to improve our financial literacy, understanding the different financial terms is imperative.
In this snippet, we talked about how people are investing for the long term and it is not ideal to interrupt your investment unnecessarily.
Listen to the full episode here: https://open.spotify.com/episode/316D6XHPfNjH0CombiPfcW?si=GkQE4c53S4m4BWS8PNx5WA