Is Dollar-Cost Averaging Irrational? Compared to What? (Ep. 30 Rebroadcast)
Simple, but Not Easy
English - April 05, 2021 05:00 - 31 minutes - 28.7 MB - ★★★★ - 75 ratingsInvesting Business Science Social Sciences investing behavioral science data sustainability behavioral economics sustainable investing decision sciences research human brain Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: To Annuitize or Not? (Episode 35 Rebroadcast)
While we're off for spring break, we're reprising this episode featuring Terry Hawkins, sales manager at Morningstar Investment Management and Paul Kaplan, research director for Morningstar Canada. They discuss dollar-cost averaging, or the practice of investing slowly over time instead of in one lump sum. Research by Kaplan and others show that dollar-cost averaging might be expected to underperform a lump-sum approach. But what if it's what gets an investor into the markets?