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11 December, 09:28

Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy

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  1. 11 December, 10:17
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    Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.
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