Part 3/7:
This automated approach also fits perfectly with a strategy known as Dollar Cost Averaging (DCA). By investing a fixed amount regularly, investors can mitigate the effects of market volatility. They purchase assets at varying prices, which can often help avoid the pitfalls of making lump-sum investments at market peaks. Essentially, DCA allows investors to participate in the market steadily without the stress of trying to time their purchases for maximum impact.