{"id":4555,"date":"2022-05-01T04:30:17","date_gmt":"2022-05-01T09:30:17","guid":{"rendered":"https:\/\/top1.fm\/DailySalesTips\/?p=4555"},"modified":"2022-04-29T03:04:52","modified_gmt":"2022-04-29T08:04:52","slug":"sales-tip-1198-dollar-cost-averaging","status":"publish","type":"post","link":"https:\/\/top1.fm\/DailySalesTips\/sales-tip-1198-dollar-cost-averaging\/","title":{"rendered":"Sales Tip 1198: Dollar Cost Averaging"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit-150x150.jpg\" alt=\"Scott Ingram\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-1141\" srcset=\"https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit-150x150.jpg 150w, https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit-300x300.jpg 300w, https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit-100x100.jpg 100w, https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit-250x250.jpg 250w, https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit-200x200.jpg 200w, https:\/\/top1.fm\/DailySalesTips\/wp-content\/uploads\/sites\/4\/2018\/10\/Web-sqScott_Ingram-0030-Edit.jpg 720w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/>&#8220;The compounding of small actions over time leads to massive results.&#8221; &#8211; Scott Ingram in today&#8217;s Tip 1198<\/p>\n<p><strong>What can you be investing in that is going to benefit you massively in the long term?<\/strong><\/p>\n<p><a href=\"http:\/\/dailysales.tips\/1198\/#disqus_thread\" target=\"_blank\" rel=\"noopener noreferrer\">Join the conversation below<\/a> and share your thoughts!<\/p>\n<p><a href=\"http:\/\/SalesCoin.co\/dca\" target=\"_blank\" rel=\"noopener\">SalesCoin.co\/dca<\/a><a href=\"http:\/\/Top1Summit.com\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<p>Have feedback? Want to share a sales tip? Call or text the Sales Success Hotline: <strong>512-777-1442<\/strong> or Email: <strong>scott@top1.fm<\/strong><\/p>\n<h3>Transcript<\/h3>\n<p>Scott Ingram: You&#8217;re listening to the Daily Sales Tips podcast and I&#8217;m your host, Scott Ingram. Later this Sunday morning after this tip gets released I\u2019ll be recording a bonus episode interview for the Sales Success Stories podcast with David Weiss and we\u2019re going to be talking about Investing and Side Hustling for Sales Professionals. You can look for that in your podcast feed on Tuesday.<\/p>\n<p>One of the most important parts of my own investing strategy is Dollar Cost Averaging. Hopefully, that\u2019s something you\u2019re already familiar with, but if you\u2019re not, it\u2019s simply this idea that rather than making a big investment all at once and being really worried about the price you\u2019re paying. It\u2019s better to make small regular contributions over time. That way if the price is high you\u2019ll buy less, and when the price is lower you\u2019ll be able to buy more. For me, it also helps psychologically, because I actually get really excited when the markets go down.<\/p>\n<p>I\u2019m investing for a really long time horizon, and those dips are an opportunity for me to buy more and for my investment dollars to go further. Perhaps more importantly though, it\u2019s about the regularity of those contributions. Hopefully, you\u2019ve picked up on this idea from me by now that I\u2019m all about consistency over time. The compounding of small actions over time leads to massive results.<\/p>\n<p>What can you be investing in everyday or maybe every week that is going to benefit you massively in the long term? Might be as simple as just listening to these tips and applying the different ideas, maybe you\u2019re reading a new book every month and compounding your knowledge that way. The best investment you can make is an investment in yourself, and the best way to do it is consistently.<\/p>\n<p>Do yourself another favor and start claiming these $SALES coin rewards consistently over time. They\u2019ll add up for you too. Today\u2019s link is <a href=\"http:\/\/SalesCoin.co\/dca\" target=\"_blank\" rel=\"noopener\">SalesCoin.co\/dca<\/a> for Dollar Cost Averaging, and if you need a bit more context just click over to <a href=\"http:\/\/top1.fm\/coin-intro\" target=\"_blank\" rel=\"noopener\">top1.fm\/coin-intro<\/a> for an overview.<\/p>\n<p>Once you\u2019ve done that, be sure to come back tomorrow for another great sales tip. Thanks for listening!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The compounding of small actions over time leads to massive results.&#8221; &#8211; Scott Ingram in today&#8217;s Tip 1198 What can you be investing in that is going to benefit you massively in the long term? Join the conversation below and share your thoughts! SalesCoin.co\/dca Have feedback? Want to share a sales tip? Call or text&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"content-sidebar","footnotes":"","tve_updated_post":"","tve_custom_css":"","tve_user_custom_css":"","tve_globals":{},"tcb2_ready":0,"tcb_editor_enabled":0,"tve_landing_page":"","_tve_header":"","_tve_footer":""},"categories":[40],"tags":[],"class_list":["post-4555","post","type-post","status-publish","format-standard","has-post-thumbnail","category-daily-sales-tips","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sales Tip 1198: Dollar Cost Averaging - Daily Sales Tips<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/top1.fm\/DailySalesTips\/sales-tip-1198-dollar-cost-averaging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sales Tip 1198: Dollar Cost Averaging - Daily Sales Tips\" \/>\n<meta property=\"og:description\" content=\"&#8220;The compounding of small actions over time leads to massive results.&#8221; &#8211; Scott Ingram in today&#8217;s Tip 1198 What can you be investing in that is going to benefit you massively in the long term? 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