Fast and Finance
Welcome to Fast and Finance! This podcast is designed for everyday, normal people just looking to improve their personal wealth management and expand their knowledge on the markets. We'll cover all the basic concepts so you have a strong base knowledge before we dive into anything more specific. Wealth management is a concept that is overlooked in many school systems, and we're here to change that! Please send us your questions to: patrick.mccrindle@lpl.com - Securities offered through LPL Financial, a member FINRA/SIPC. https://www.finra.org/ - https://www.sipc.org/ Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and SGI Wealth Management are separate entities from LPL Financial. https://www.sgiwealth.com/
Fast and Finance
Diving Into Dollar Cost Averaging
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Patrick McCrindle
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Season 1
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Episode 15
I wanted to dedicate this whole episode to explaining dollar cost averaging and why we do it. But before diving into that, I want to talk about a concept that has been around for a long time. The concept is “timing the stock market.” – something that nobody can do. None of us know what will happen in the market for sure, as it is all a form of speculation.