Dynamic Dollar-Cost Averaging
Document Type
Article
Department or Administrative Unit
Finance and Supply Chain Management
Publication Date
3-2011
Abstract
Research suggests that lump-sum investing outperforms dollar-cost averaging. Although this may be correct, not every investor has a lump sum available to invest. For investors who must invest periodically because of their personal financial situations, some form of dollar-cost averaging may be their only alternative. This paper presents very simple, very low cost modifications to dollar-cost averaging that can improve investment returns available to those who must average.
Recommended Citation
Richardson, G. M. & Bagamery, B. D. (2011). Dynamic Dollar-Cost Averaging. Journal of Financial Service Professionals, 65(2), 56-60.
Journal
Journal of Financial Service Professionals
Rights
Copyright © 2011 Society of Financial Service Professionals.
Comments
This article was originally published in Journal of Financial Service Professionals. The full-text article from the publisher can be found here.
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