JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Quality Dollar Cost Averaging Investing Versus Quality Index Investing
Author(s): Harvey W. Rubin, Carlos G. Spaht, II
Citation: Harvey W. Rubin, Carlos G. Spaht, II, (2018) "Quality Dollar Cost Averaging Investing Versus Quality Index Investing"," Journal of Applied Business and Economics, Vol. 20, Iss.6, pp. 193-200
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Financial independence is defined as the ability to do anything at any time without financial restrictions. In an age of job insecurity and economic volatility, financial independence is difficult to acquire unless a person is financially independent of his/her employment organization. The purpose of this paper is to develop a strategy for generating an increasing income stream and capital appreciation during both the employee’s working years and retirement years by comparing dollar-cost averaging to an initial lump sum investment while reinvesting the dividends in both cases.