Dollar Cost Averaging a Safer Bet Than Trying to Time the Market Perfectly, Says Expert
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It's very difficult to time the market perfectly, so dollar cost averaging is a safer strategy than trying to wait for the perfect entry point
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The longer you wait to invest, the more potential gains you miss out on over the long run
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Historically, the market has always recovered even from severe downturns, so long-term growth is likely
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Now can be a good time to invest if you have an emergency fund to cover living expenses in case of short-term volatility
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Keep a long-term outlook when investing through various market cycles