The numerous stock market and economic news headlines processed every day can cause an investor to be fearful and make misguided decisions with their assets. The good news is that there is a calm and sensible investment approach, called dollar-cost averaging (DCA), that can help mitigate the angst.
DCA is a long-term strategy that involves investing a fixed-dollar amount into a mutual fund account (for example) at regular intervals. It can potentially take advantage of the cyclical nature of the…