HomeNewsNewsDespite Economic Uncertainty, It’s a ‘Great Moment’ for Dollar-Cost Averaging, Says Betterment CEO – NBC 5 Dallas-Fort Worth

Despite Economic Uncertainty, It’s a ‘Great Moment’ for Dollar-Cost Averaging, Says Betterment CEO – NBC 5 Dallas-Fort Worth

  • Investors are bracing for 2023 amid stock market volatility, rising interest rates and heightened risk. 
  • But despite economic uncertainty, financial experts at CNBC’s Financial Advisor Summit urge investors to stay in the market. 
  • “Over a five- and 10-year horizon, this is a great moment for that dollar-cost averaging opportunity,” said Betterment CEO Sarah Levy.

Investors are bracing for 2023 amid stock market volatility, rising interest rates and geopolitical risk — with many carrying recession fears into the new year.  

But despite economic uncertainty, financial experts point to timely opportunities, urging investors to put cash into the market, rather than leaving it on the sidelines.

Agreeing with many in the advisor community, Betterment CEO Sarah Levy said she expects a “turbulent and volatile first half of 2023,” but her long-term outlook is optimistic.  

“Over a five- and 10-year horizon,…

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