Pound-cost averaging is an investment strategy where you invest a fixed amount of money at regular intervals, regardless of market conditions. This method helps smooth out the impact of market volatility over time.
Benefits of Pound-Cost Averaging:

Reduces Market Timing Risk:

By investing regularly, you don’t need to worry about trying to time the market—buying at exactly the right moment. Instead, you spread your investments across different market conditions, reducing the risk of buying at a peak.

Buys More When Prices Are Low:

When the market or asset prices are low, your fixed investment amount buys more shares or units. Conversely, ...