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Monthly Investment Plan |
Also found in: Acronyms | 0.02 sec. |
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Monthly investment plan A plan in which a certain amount is invested each month in order to benefit from dollar cost averaging. Monthly Investment Plan An investment plan or vehicle in which the investor adds a small amount each month to the portfolio. Perhaps the most common type of monthly investment plan is a retirement account. For different retirement accounts, one makes a monthly contribution, which is then invested so as to provide a steady return when the account holder reaches retirement. However, any investment vehicle may be made into a monthly investment plan; for example, one may make a monthly contribution to a mutual fund. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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