Dollar Cost Average

Dollar cost averaging is an investment strategy where investors set aside a specific amount of capital, over specific intervals into designated investments. Over time, this strategy allows the investor to purchase larger quantities of the designated investment when the value has decreased, and smaller quantities when the value has increased. This systematic and incremental approach to buying low and selling high is a technique used by both individual and professional investors.

Anna Rappaport on Annuities and Planning for the Long Term

Anna Rappaport is widely recognized as a leading expert on retirement systems, workforce issues, the impact of changing demographics and women’s...