No Stupid Questions

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What are the First Principles of investing/personal finance? (lemmy.world)

submitted 3 weeks ago by cheese_greater@lemmy.world to c/nostupidquestions@lemmy.ca

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buy low sell high?

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[–] walden@wetshav.ing 9 points 3 weeks ago

I don't follow buy low sell high. Instead I buy regularly and don't sell.

The term for that is dollar cost averaging and it's the idea behind the rule of "don't try and time the market".

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