Dictionary of Business Terms: monthly investment plan
monthly investment plan
plan whereby an investor puts a fixed dollar amount into a particular investment every month, thus building a position at advantageous prices by means of dollar cost averaging.
Dictionary of Finance and Investment Terms: monthly investment plan
monthly investment plan
plan whereby an investor puts a fixed dollar amount into a particular investment every month, thus building a position at advantageous prices by means of dollar cost averaging (see constant dollar plan).
