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George! It's time, Jade. It's time. Our long running segment, talk nerdy to me.

Hit me with that jingle. Here is the nerd topic of the day that I'm going to break down in less than two minutes to help people out there understand it.

These $10 words out there that bother me when they're thrown out like jargon, but they're

important.

Today's word or phrase, dollar cost averaging.

You'll DCA, as they call it in the biz.

No one calls it that but nerds.

I just want you to know that.

Yeah, Instagram nerds.

This is, dollar cost averaging is an

investment strategy to save for retirement it's this simple it means you're making regular investments

over time regardless of what the stock market is doing yeah so i don't feel like it even needs a term

but there is one you need a fancy name for that it's focused on the consistent dollar amount you

invest as opposed to dropping a lump sum every once in a while.

Yeah, a regular amounts or a lump sum once a year.

So we recommend dollar cost averaging for your long-term investing

because the longer your money stays in one place, the more it's going to grow.

And investing consistently over time in one place, that's how you beat the market fluctuation.

So if you're scared of the roller coaster, this one's for you. I also think it helps build a nice habit, right? You're building

the habit of investing when you say, okay, every month, this is automatically coming out. I know

what the amount is. I mean, we say 15%. And then you live on less. When you know 500 bucks is going

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