I agree partly, what I noticed though was that I was putting money in (including my employers contribution) and the balance kept dropping by the hundrend. I just started thinking it was counterproductive and stopped the withdrawl from my check. If the economy picks up I can always start it again.
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’