Hi Laura, my name is Eric. I really appreciate listening to your show and all the great

information you give. I did have one question regarding a contribution to my Roth IRA.

Does it really make a difference if I do the contribution each month or if I just do one lump sum per year.

What I've been doing in the past is like in January, February, I've got the money,

so I just go ahead and make the contribution and let the money sit all year long.

Others have argued I should wait and buy it just each month and equal contribution

so I can take advantage of dollar cost averaging.

I'm just wondering since I've got another 10 to 15 years

since retirement, does it really make a difference

if I just do the lump sum once a year

or should I really be doing the dollar cost averaging monthly.

Thanks so much again.

Eric, thank you so much for your great question.

This podcast will answer it by reviewing what dollar cost averaging is, pros and cons, and how it compares

to investing a lump sum.

Hey friends, thanks for joining me this week.

I'm Laura Adams, an author, spokesperson and money speaker who's been hosting the

Money Girl Podcast since 2008 with over 42 million downloads.

Don't forget in each podcast description you'll find a link to its transcript and other ways to connect with me.

If you're a small business owner or thinking about starting a venture or doing side work,

don't miss my latest book. It's called Money Smart

Soloprener, a personal finance system for freelancers, entrepreneurs, and

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