Education & Guidance / Investment Education

Dollar Cost Averaging

MoneyLine Application Automatic Investment Plan Application

Dollar cost averaging entails making regularly scheduled (often automated) investments of a fixed amount, regardless of market conditions.  This strategy enables investors to acquire a greater number of units during periods of market weakness, albeit fewer units when the market is advancing.  Over the longer term, the average cost of investments acquired via a dollar cost averaging approach will often be lower than if one or a few lump sum investments had been made. 

After signing up for MoneyLine you simply provide investment instructions and the funds will automatically be deducted from your bank account.  Please note that contributions can be made in amounts of $50 or more, with a minimum of $25 per fund. 

The main benefit of dollar cost averaging is the fact that you'll have a consistent and hassle-free investment plan in place.  This frees you from trying to time market fluctuations and automated contributions ensure that transactions take place on a regular basis.  Altamira's AltaEasy service can be used to set up a dollar cost averaging strategy.  Contact an Investment Specialist today to set up your contributions.