Experts recommend this investing strategy when the market is volatile

each month, you're already following this strategy and benefiting from it.

"If you're enrolled in a 401 plan at work, don't stop contributing," Janet Alvarez, personal finance expert at Wise Bread and CNBC contributor, tellsIt's especially useful during a market downturn, because while an investor's reaction might be to stop investing until the market starts climbing again so you don't lose money, the better strategy is to buy at the lower price.

"I try to tell my clients to fund their Roth IRA accounts each month to take advantage of this time-tested strategy," Ryan J. Marshall, a New Jersey-based certified financial planner, tellsThis investing strategy also helps take emotion out of the equation, Marshall adds. "More specifically, it helps clients not see as sharp of a decline on their statements during periods of pullbacks because they are adding money each month," he says. "Most clients look at the bottom line on what the value was last month versus what is the value this month.", no matter what the market does. Let dollar-cost averaging do the rest.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks, dollar climb before Powell's Jackson Hole speechWorld stock markets and the dollar rose on Friday as investors looked to a speec... Ugh. Hocus pocus.
Source: Reuters - 🏆 2. / 97 Read more »

Week ahead: Stocks could be rocky on trade, economy fears, as August breaks low volatility streakThe final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars. Wow, not a difficult prediction. Could be? No, it will be. He has resorted to burning down the house since he is unable to accomplish anything else. So much for August low volatility streak, eh? Everything he touches turns to shit. Nevermore
Source: CNBC - 🏆 12. / 72 Read more »