Just three weeks ago, we discussed the likelihood that the stock market was going to be a mess this year.
It’s already a train wreck.
You’re probably wondering whether you should buy more shares of your favorite dividend. Well, if you’re sick of wondering, use this simple yet effective “market timing” technique.
Dollar cost averaging (DCA) probably helped you build your impressive retirement portfolio. And DCA is more than just an initial fortune builder. It can also build wealth and income streams during train wreck markets like these.
It was the regular weekly, monthly and/or yearly purchases throughout your earning years that helped you buy more shares of stock low (and buy fewer shares higher).… Read more