Dollar cost averaging can make you a big success

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I’ve never heard of dollar-cost investing. What is it?

You might already be taking advantage of dollar-cost averaging and not even know it. If you have a 401(k) from your employer, then the chances are pretty good that you are. Your contributions are allocated to one or more investments on a fixed schedule no matter what the market happens to be doing. Every time this regular scheduled investment happens, you’re engaging in dollar-cost averaging.

In its simplest terms, dollar-cost averaging is a strategy that enables you to invest frequently and consistently without having to consider the price of an investment. And it’s one of the biggest factors of investment success over time.

This approach is completely opposite of what you typically hear other people talk about – buying investments, like stock, by timing the market. This is a bad approach because NO ONE can predict the markets, and because of human nature you’ll likely make some bad investment decisions (instead of buying low and selling high, you’ll likely end up doing the opposite).

You can set it and forget it.

Dollar-cost averaging allows you to avoid ‘timing the market’ so you don’t end up buying and selling at what you think are the “wrong” times.

Dollar-cost averaging turns your investment into a ‘safer’ investment because you simply continue investing regardless of what the market is doing. This strategy removes the temptation to buy or sell based on any emotional factors. You just hang tough. In the end, you’ll end up buying the average price of an investment, which is exactly what you’d want to achieve in the long run.

Leave it to us and don’t give it another thought.

While this might sound a little confusing, we can eliminate the confusion by managing the money that you save every month when you sign up for MoneyLion Plus. We set you up on an automated savings plan and then invest your savings in your own investment account. It streamlines your savings and investment into one bundled package without you needing to do anything if you don’t want to, and removes timing the markets and emotions out of the investment equation.

Want to save even more money – no stress?

Imagine a day when you don’t need to be concerned about the unexpected expenses that pop up in your life. And no longer having to worry about building your savings, much less even thinking about saving money. That’s because someone else will help take care of that for you.

Stay tuned. There’s a very bright light at the end of the saving money tunnel. And we think you’re going to love what MoneyLion has in store for you.

Learn more and get on the waiting list while you still can!

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