Title

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.

Comments

This article was originally published in Journal of Financial Service Professionals. The full-text article from the publisher can be found here.

Due to copyright restrictions, this article is not available for free download from ScholarWorks @ CWU.

Journal

Journal of Financial Service Professionals

Rights

Copyright © 2011 Society of Financial Service Professionals.

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