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Article: DOLLAR-COST AVERAGING IS BEST CHOICE FOR MOST INVESTORS
- Article from:
- Evansville Courier & Press (2007-Current)
- Article date:
- August 29, 2004
- Author:
CopyrightCopyright 2004 Evansville Courier & Press. Provided by ProQuest LLC. (Hide copyright information)
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The last five years have been good to dollar-cost averagers. Not
only have they made money, but they've done so when many investors
have lost.
While this result won't hold true in all markets, dollar-cost
averaging remains a good way for investors to moderate risk and make
market dips work for them.
Dollar-cost averaging is a fancy term for something you might do
now. It's the steady investment of money -- such as a certain amount
per paycheck -- over time. Most folks who participate in a 401(k) or
other retirement plan through work automatically do this. A portion
of their paycheck goes into their 401(k) each pay period. The money
buys investments that will grow and that they can cash in ...