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Which of the following is NOT true about the Dollar Cost Averaging (DCA) investing strategy? A fixed dollar amount is investe
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Answer #1

Purchases are made only when prices are low

Dollar Cost Averaging (DCA) is an investment strategy as suggested by Suze orman for young investors in which a fixed amount of dollar invested at regular interval (such as monthly) irrespective stock price or index movements.

Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

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