Question: ich statement is NOT correct regarding dollar cost averaging? A ) If prices rise, the fixed investment amount will purchase a greater amount of the
ich statement is NOT correct regarding dollar cost averaging?
A
If prices rise, the fixed investment amount will purchase a greater amount of the security.
B
This technique involves investing a specific amount into an investment vehicle, regardless of whether the recent trend in the investment has been up or down.
C
If prices decline, the fixed investment amount will purchase a greater quantity of the security.
D
For the longterm investor, the presumption is that prices will eventually rise, so a lower average price translates into greater profits.
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