ELI5: Explain Like I'm 5

Dollar cost averaging

Dollar cost averaging is a way of investing your money by buying the same amount of an asset (stocks, bonds, etc.) at regular intervals. For example, if you want to invest your money in stocks, you can spread the cost of buying them out over a few months instead of buying all the stocks you want on one day. This helps to even out the amount of money you're paying, because the price of the stocks will go up and down, so buying them in smaller amounts helps to average out how much you pay overall.