Diversification
Broad diversification helps reduce overall volatility of your investments, but it is expensive and requires investment knowledge and experience. That's why for most people the most practical way to invest is through a professionally managed portfolio.
Dollar-Cost Averaging
Dollar-cost averaging is investing equal amounts of money at regular intervals, usually monthly or quarterly, no matter what the markets are doing. This way you buy more shares when prices are lower and fewer when prices are higher, thereby reducing the average cost of your shares.
