Posted on 11/09/2008 12:07:39 PM PST by Son House
Basically what I am saying is to trust the Democrats can’t stop the market, though they are trying to hang onto bad economic policy and pass more bad economic policies. Just so you have a better understanding of dollar cost averaging, here’s a probably better definition then I have given;
Dollar Cost Averaging
A Technique that Drastically Reduces Market Risk
By Joshua Kennon, About.com
http://beginnersinvest.about.com/cs/newinvestors/a/041901a.htm
Dollar Cost Averaging: What is It?
Instead of investing assets in a lump sum, the investor works his way into a position by slowly buying smaller amounts over a longer period of time. This spreads the cost basis out over several years, providing insulation against changes in market price.
The dollar cost averaging component reduces market risk, while the index fund investment reduces company-specific risk. This combination can be among the best investment options for individuals looking to build up their long term wealth by having a portion of their portfolio in equities.
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***ME
Democrats are doing their best to tank the whole market, the energy sector is next with ‘carbon credits’
“I find it highly ironic that so many high-income voters supported Obama when many of them will be most harmed by his economic policies.”
Must be more money in race baiting.
Bitch Slap!
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