📈 CFA Exam Prep

Dollar-cost averaging involves:

A Investing a lump sum immediately
B Investing a fixed amount at regular intervals regardless of market conditions
C Timing the market
D Only buying at lows

✓ Correct Answer: Option B

DCA invests consistently over time, buying more shares when prices are low and fewer when high.

Practice CFA Exam Prep Quizzes → Browse All Questions Study Flashcards

Related CFA Exam Prep Questions

Beta measures:

What is a "risk budget"?

When handling a conflict of interest, a CFA member should:

A normal distribution is characterized by:

Record retention requirements under CFA Standards state that:

A lognormal distribution is commonly used for modeling: