Definition

Dollar-cost averaging means putting a set amount into investments at regular intervals, buying more shares when prices are low and fewer when high. It removes the temptation to time the market and smooths out the effect of volatility. Most people already do this automatically through 401(k) contributions each paycheck.

1. How to Start Investing: A Step-by-Step Guide for Beginners

   Investing feels complicated until you understand the order of operations. This guide walks you through exactly what to do first, second, and third — without overwhelming jargon.
   investing

1. Volatility

   How much an investment's price swings up and down over time.
2. Index Fund

   A fund that tracks a market index instead of trying to beat it.
3. ACH Transfer

   An electronic bank-to-bank transfer run through the U.S. Automated Clearing House network.