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Monday Morning Money Minute
Posted by Mark Matney of Holcomb Law, PC Newport News, VA
www.matneylawpllc.com
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Monday Morning Money Minute
Investing Part Two. Timing the stock market is tricky. It is very hard to predict shifts in the market and to determine the high or the low of a cycle. The remedy is dollar cost averaging. By investing a consistent amount on a monthly basis, you buy more shares when the market is low and fewer shares when the market is high. Over time you will obtain more shares at a lower average price per share than if you just make one large purchase. There are no guarantees when investing in the stock market, but there are strategies that permit you to maximize your returns while minimizing your risks.