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单词 pound cost averaging
释义 pound cost averaging

A method of accumulating capital by investing a fixed sum of money in a particular share every month (or other period). When prices fall the fixed sum will buy correspondingly more shares and when prices rise fewer shares are bought. The result is that the average purchase price over a period is lower than the arithmetic average of the market prices at each purchase date (because more shares are bought at lower prices and fewer at higher prices).

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更新时间:2025/5/24 23:05:42