Invest a fixed dollar amount on a fixed schedule — regardless of what the market is doing. Buy more shares when prices are low, fewer when prices are high. Removes emotion from the investing process entirely.
Every long-term investor. Most powerful when combined with index funds in a tax-advantaged retirement account.
Choose your investment vehicle (index fund recommended).
Set a fixed amount to invest monthly — even $50 makes a difference over time.
Automate the purchase. Never manually time it based on market conditions.
Maintain contributions through market downturns. Drops are buying opportunities when you're contributing regularly.