What investment strategy is Jeffrey utilizing by investing $300 monthly in his Roth IRA?

The investment strategy Jeffrey is using by investing $300 monthly in his Roth IRA is dollar cost averaging. This strategy involves consistently investing a fixed amount of money at regular intervals, regardless of the price of the investment. By doing so, he buys more shares when prices are low and fewer shares when prices are high, which can lower his average cost per share over time. This method helps mitigate the impact of market volatility and reduces the risk associated with trying to time the market.

In contrast, market timing involves making investment decisions based on predictions about the future movement of prices, which Jeffrey is not doing. Asset allocation refers to diversifying investments across various asset classes to manage risk and optimize returns, but it doesn't specifically describe the consistent investment of a fixed amount. Value investing focuses on identifying undervalued stocks to invest in, which does not apply to Jeffrey's regular monthly contribution strategy. Thus, dollar cost averaging is the most accurate description of Jeffrey's approach.