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good short article on Dollar cost averaging

Discussion in 'Shares' started by Nigel Ward, 9th Dec, 2009.

  1. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    Sometimes being average is okay...

    Smart Investing with Robin Bowerman | Financial News & Commentary | Vanguard Investments Australia

     
  2. Tropo

    Tropo Well-Known Member

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    17th Aug, 2005
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    NSW
    Dollar Cost Averaging Myth.
    Michael James on Money: Dollar-Cost Averaging Myths

    The Pros and Cons of Dollar-Cost Averaging
    The Pros and Cons of Dollar-Cost Averaging | Wise Bread

    Dollar Cost Averaging Will Not Protect You
    The truth is, the financial services industry cares about your money only because it takes commissions and fees whether it makes you any money or not.
    It perpetuates the Three Myths of Investing and extols the virtues of dollar cost averaging so you and I will give managers our money. The last thing they want is for you to invest successfully on your own. They want you to believe you'll lose your money if you do this yourself.
    They're hoping your fear of loss will compel you to keep giving them your money in spite of the likelihood they'll be less effective than you are in reaping a high return.
    more ... Dollar Cost Averaging Will Not Protect You : Rule #1