Investing With Consistent Amount

Dollar cost averaging represents a good tool over the long term, which enables the elimination of emotions out of investment decision making.  It is a technique designed to reduce market risk through the systematic purchase of unit trust at predetermined intervals and set amounts.   The time at which you will make these investments is up to you, though it is recommended to make it when you receive your salary or once per month. With dollar cost averaging you purchase more units when the prices are low and few units if the prices are higher.