Meaning Rupee Cost Averaging
What does Rupee Cost Averaging mean? Here you find 2 meanings of the word Rupee Cost Averaging. You can also add a definition of Rupee Cost Averaging yourself
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Rupee Cost AveragingInvesting a fixed amount in a specific security at regular set intervals over a period of time. Rupee cost averaging results in a lower average cost per share, compared with purchasing a constant number of shares at set intervals. The investor buys more shares when the price is low and buys fewer shares when the price is high.
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Rupee Cost AveragingInvesting a fixed amount of dollars in a specific security at regular set intervals over a period of time. Rupee cost averaging results in a lower average cost per share, compared with purchasing a co [..]
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