When choosing ETFs for dollar-cost averaging, financial advisors suggest building a core portfolio first, starting with broad market ETFs before adding more specialized funds. While this won't guarantee profits or eliminate risk, this approach can help reduce the impact of market volatility and help...
Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact ofvolatilityon the their portfolios...
Determining the expense ratio is the easy part when computing the costs of a dollar-cost averaging approach with ETFs. The ratio is a fixed percentage of the investment so it has the same impact regardless of the amount of money invested. The cost of the expense ratio is nine cents on ...