Don’t sell and buy based on emotions
Should you wait to invest until the economy bounces back after the pandemic? Should you keep an eye on the market, and invest only when it’s at its lowest, so you can profit from the rise? Browning says neither. He says you should invest consistently throughout the year. This is part of a strategy called dollar-cost averaging (DCA). DCA divides up and paces out investment funds throughout the year, to reduce the impact of volatility.