Dollar Cost Averaging Helps Investors Avoid the Pitfall of Buying

question 147

True/False

Dollar cost averaging helps investors avoid the pitfall of buying high and selling low.

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Definitions:

Stepmothers

Women who are married to someone who has children from a previous relationship.

Biological Children

Children who are genetically related to their parents, as opposed to children who are adopted or stepchildren.

Conflicting Goals

The situation where different objectives or desired outcomes are at odds with each other, leading to disagreement or compromise.

Family Lifecourse

A perspective focusing on the stages and transitions individuals and families go through over time, such as marriage, parenthood, retirement.