Category: General Knowledge | Last updated: 2026-09-18

What is dollar-cost averaging?

A) Converting all foreign currency at once
B) Investing a fixed amount at regular intervals regardless of price
C) Only buying stocks when prices drop
D) Spreading purchases across different currencies

Explanation

Dollar-cost averaging involves investing a fixed amount regularly. When prices are low, you buy more shares; when high, fewer. This reduces the impact of volatility.

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