Dollar-cost averaging means investing the same dollar amount at regular intervals regardless of market conditions. When prices are high you buy fewer shares, and when prices are low you buy more.

This approach can help remove emotion from your decisions. Instead of guessing when to jump in, you stay invested, harnessing long-term growth and reducing the risk of buying everything near a peak.

Automate contributions to retirement accounts or brokerage accounts on the same day each month. Pair the habit with periodic reviews to ensure the contribution level matches your goals.