Personal finance
Pound-cost averaging
Investing a fixed amount regularly, such as monthly, so you buy more when prices are low and less when they're high, rather than trying to time the market.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
Pound-cost averaging means I don't worry about whether today's a good day to invest.
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