Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10009624518
Dollar cost averaging (DCA) is a widely employed investment strategy in financial markets. At the same time it is also well documented that such gradual policy is sub-optimal from the point of view of risk averse decision makers with a fixed investment horizon T 0. However, an explicit strategy...
Persistent link: https://www.econbiz.de/10010540276