Quote:
Originally Posted by Wookie
Dca?
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Dollar-cost averaging: The regular and systematic investment of a larger sum of money over longer periods, usually through preauthorized chequing contributions.
Many people make their annual RRSP contributions this way. If you put 10,000 into an RRSP each year, 10,000 divided by 12 = 833.33 per month. This is dollar-cost averaging.