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constant dollar plan

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constant dollar plan
A formula plan for investing in which a constant dollar amount is kept in stocks, with other investments in bonds or short-term securities. Essentially, this plan forces the investor to sell stocks in rising markets and purchase them in falling markets.


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And one of the most sensible ways to save and invest money is through dollar-cost averaging, also known as a constant dollar plan.
Getting back to basics by Dunagan, Pierre / Black Enterprise
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