PESO-Cost Averaging (PCA) Definition;
PESO-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of an investment on regular intervals. The purchases occur regardless of the asset’s price; BUT BE AWARE OF THE BUY POINTS.
How Does Dollar-Cost Averaging Work
PESO-cost averaging is a tool an investor can use to build savings and wealth over a long period. It is also a way for an investor to neutralize short-term volatility in the broader equity market. A perfect example of dollar cost averaging is its use in CHILDREN OR YOUR RETIREMENT PLANS. In a INVESTING plan, an employee can select a pre-determined amount of their salary that they wish to invest in a CERTAIN funds. When an employee receives their pay, the amount the employee has chosen to contribute to the FUND is invested in their investment choices. (Message Sharon for more info).
High Risk Investment Warning:
Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.