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So I'm very new to investing and trying to understand all this. I understand that most recommend 10-30 stocks in a portfolio for diversification. My question is when using dollar averaging, say $500 per month, would that $500 be split 20 ways (supposing I have 20 stocks in my portfolio)? So each month I would invest $25 in each stock pick?

I'm supposing that this could be changed and customized according to market conditions, but is that the basic idea?
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