The Value of Dollar Cost Averaging
Submitted by Davenport Watts & Drake Investment Advisors, LLC on December 21st, 2016
Unquestionably the stock market has experienced severe volatility in recent months. But a review of the historical record provides a clearer perspective on market volatility over the decades that actually favors investors who manage to hang on even in the worst of market declines.
We mailed a version of this and thought it would be a good piece to begin our blog. Each month we’ll be posting a new source of timeless wisdom set within the current economic context.