If you're like most people (including me) you've probably heard that investing is risky, or that you can lose your money in the stock market. I will tackle these two common misconceptions in the future, but for now let's assume that this is true since most peope perceive it to be true anyway.
The concept that changed my life when I first heard it and allowed me to imagine myself as an investor was the concept of Dollar Cost Averaging. While it is not a miracle cure for low returns or a guarantee of positive gains on your investments, it does allow you to increase your chances of making a profit even when the price of stocks are fluctuating up and down. In today's video Judy Schrempf, owner of Financial Health Club, teaches us about this powerful concept and how it can help you invest with less stress.
The concept that changed my life when I first heard it and allowed me to imagine myself as an investor was the concept of Dollar Cost Averaging. While it is not a miracle cure for low returns or a guarantee of positive gains on your investments, it does allow you to increase your chances of making a profit even when the price of stocks are fluctuating up and down. In today's video Judy Schrempf, owner of Financial Health Club, teaches us about this powerful concept and how it can help you invest with less stress.
RSS Feed