"An investment in knowledge pays the best interest."
Benjamin Franklin
February 6th, 2021
Pound Cost Averaging is the strategy of making regular contributions to your investments in order to smooth out volatility.
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Investors making regular contributions naturally purchase less units when the prices are higher and more units when the prices are lower. This strategy over the long term can help to balance out times of turbulence in the market. It can help to smooth out periods of volatility potentially improving your returns, as well as creating a disciplined investment approach.
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