Definition: To invest, as in shares of stock, fixed amounts of money at regular
intervals so as to buy more at lower prices ad less at higher
prices
Dollar-cost averaging means that if you put the same amount in
each year, you'll buy more investments, such as shares of a mutual
fund, when prices are down and fewer when prices are up. The end
result will be that you'll pay a lower average price than the
actual average price of the investment during that period.