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Index Investing

Dollar-cost averaging explanation card

Dollar-Cost Averaging
A strategy for building wealth over time.
Over time, this smooths out the average cost of your investments. When prices drop, your fixed amount buys more shares. When prices rise, you buy fewer. The result is a lower average cost per share compared to lump-sum investing during volatile periods.
import { Button } from "@/components/ui/button"import {    Card,    CardAction,    CardContent,    CardDescription,    CardHeader,    CardTitle,} from "@/components/ui/card"import { IconPlaceholder } from "@/components/icon-placeholder"export function IndexInvesting() {    return (        <Card>            <CardHeader>                <CardTitle>Dollar-Cost Averaging</CardTitle>                <CardDescription>                    A strategy for building wealth over time.                </CardDescription>            </CardHeader>            <CardContent>                <CardDescription className="mt-3 text-sm leading-relaxed">                    <a                        href="#"                        className="underline underline-offset-4 hover:text-primary"                    >                        Over time                    </a>                    , this smooths out the average cost of your investments.                    When prices drop, your fixed amount buys more shares. When                    prices rise, you buy fewer. The result is a lower average                    cost per share compared to lump-sum investing during                    volatile periods.                </CardDescription>            </CardContent>        </Card>    )}