(DCA) is a strategy for investing money over time. Imagine you have $1,000 to invest. Instead of putting all $1,000 into the market at once, you decide to spread out your investments over several months or years. Here's how it works: Let's say you invest $100 every month for ten months. Sometimes, when you buy, the market may be high, and sometimes it may be low. When the market is high, your $100 will buy fewer shares of a stock or fund. But when the market is low, your $100 will buy more shares because prices are lower. Over time, by consistently investing a fixed amount, you end up buying more shares when prices are low and fewer shares when prices are high. This can help smooth out the ups and downs of the market and reduce the impact of market volatility on your investments. Dollar-cost averaging is often recommended for long-term investing because it helps reduce the risk of investing all your money at once when prices might be high. Instead, it allows you to gradually build your investment portfolio over time.

I read this today, and thought everyone should hear it "Complaining about not achieving success despite working hard is like complaining about an ice cube not melting when you heat it from 25 to 31°. Your work was not wasted; it is just being stored. All the action happens at 32°."

I made a quick video today about getting rid of debt and how to get started!!

A new video will be out shortly in the ‘classroom’ regarding making a Roth IRA retirement account and what it does. I will also go over what do do with your money in the account, as well as the benefits and drawbacks.

1. If you like having your money liquid, I recommend a high yield savings account (HYSA). There are many great options like from SoFi, AMEX, and Capitol One. They give you around a 4.5% yield and are totally liquid. Also a great option for small business owners or 1099 contractors, who must sit on about 1/3 of all income for taxes. This money can work for you in the HYSA!✅ 2. Roth IRA: these accounts can be created with any major financial company like Vanguard or Fidelity, and are untaxed gains when pulled out after retirement. Basically a cheat code!! I recommend just putting the funds inside into index funds like the S&P 500 or NASDAQ.✅ 3. 401k: if you have a 401k option through your employer, make sure to max out the % match, but after that, generally, you are better off in a Roth with personal funds.✅