How dollar-cost averaging can mitigate bear market risk

One good way to handle portfolios in this increasingly bearish market is to turn to dollar-cost averaging, according to one portfolio manager.

“I’m advising clients that dollar-cost averaging over the upcoming time period is one strategy to mitigate risk,” Graham Priest, an investment advisor with BlueShore Financial told Wealth Professional.  “Some clients have placed greater amounts in the past few weeks to take advantage of the drop in many stocks. But, overall, dollar-cost averaging is prudent.”