One of the oldest tricks in the investment book is dollar-cost averaging (DCA). This technique suggests that investors will do well over time by slowly investing fixed sums of money into the markets at regular periods.
By doing so they will take advantage of the low buying points while not putting too much money in at any one market top.
This is how many employees end up investing through their employers’ savings plans - a specific percentage is deducted from each of their paychecks and invested into their accounts.
Although many investors have been taught to invest this way over the years, its value is now being questioned by research conducted by the Vanguard Group, which runs the nation’s second largest mutual fund company....