Pound Cost Averaging and Human Emotion – 5MF041


Manage episode 231165181 series 1353252
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It's pretty much accepted that pound cost averaging is a good idea for smoothing out investment risk, but actually there's an argument that it doesn't make much sense, mathematically speaking. So why bother? Easy answer: Because it keeps our emotions about investing under control. (Here's the link that Matt pointed me to) Prefer to listen, […]

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