The Glossary

Markets

Dollar-Cost Averaging

Investing a set amount on a set schedule.

In plain language

You buy the same dollar amount at regular intervals regardless of price — more units when prices are low, fewer when high.

Why it matters

It removes timing from the decision, which is where most people stall.

Put it to work

Own more. Owe less.

Every word here shows up in a real decision. Run your own number, or get the next one in The Letter.

Related words