While everyone knows that investing in the stock market has historically paid off, too many people distrust financial markets and prefer to sit on the sidelines.
Also, there are people who think the stock market is so overvalued right now that it would be insane for them to invest. But here's the thing, smart investments can be made by investing small amounts of money over time using a technique called "dollar value averaging." >
Averaging the dollar value requires us to put money into investments for any period of time. It could be 12 months. It would be 18 months. It could be several years.
Colorado-based financial advisor David Henderson of Jenkins Wealth explains how dollar averaging works: “When the market is high, you buy fewer shares, and when the market is low, you buy more shares,” he says. This means that over time, you will have a lower average share price using this method. It is easy to understand that this will lead to a guaranteed income.
