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    #1

    Post A phrase with the very challenging financial language.

    Hello, dear forummates,

    I am here to ask you whether you know what actually this phrase mean:

    We are dollar cost averaging across the net gain.

    The context is:

    - And let me just ask, how much can you afford in rent?
    - Oh, well we haven't compiled our financial dossier quite yet, but we are, of course, dollar cost averaging across the net gain, so, uh, let's just put that “We'll get\Nback to you” column.

    This is from a TV show Life in Pieces 3x10. The timing is 11:47.

    Thank you in advance.

  2. VIP Member
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    #2

    Re: A phrase with the very challenging financial language.

    I don't understand the across the net gain bit, but "dollar cost averaging" means investing the same amount of money every period regardless of current market conditions. When you do that, you get more units of investment when the market is low, thereby profiting more from those investments when their value increases. This compensates for the lower profits you earn from the investments you bought at higher prices.
    I am not a teacher.

  3. Newbie
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    #3

    Re: A phrase with the very challenging financial language.

    Quote Originally Posted by GoesStation View Post
    I don't understand the across the net gain bit, but "dollar cost averaging" means investing the same amount of money every period regardless of current market conditions. When you do that, you get more units of investment when the market is low, thereby profiting more from those investments when their value increases. This compensates for the lower profits you earn from the investments you bought at higher prices.
    Well, thanks, but I've already read this on Investopedia, the real problem is to understand the whole sentence.

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    #4

    Re: A phrase with the very challenging financial language.

    I think the character is using finance vocabulary he heard somewhere to provide a phony excuse to someone he owes money to. The phrase is meant to be nonsense.
    I am not a teacher.

  5. Newbie
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    #5

    Re: A phrase with the very challenging financial language.

    Quote Originally Posted by GoesStation View Post
    I think the character is using finance vocabulary he heard somewhere to provide a phony excuse to someone he owes money to. The phrase is meant to be nonsense.
    Thanks, I didn't think about that.

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