Juan, dollar cost averaging is always a great idea. Even if you dollar cost average into an S&P 500 fund, I guarantee you will beat the pants off of the MAJORITY of investors.
Regarding Buffett not being around forever to invest - read his annual letters to shareholders. Specifically check out pages 17-19 in the 2004 letter. Everybody says "Buffett" but they forget Charlie and Lou. Plus, he'll continue to plant seeds that will prosper far into the future. And most importantly - he's establishing the right corporate culture for Berkshire (just like Jack did with GE).
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Juan, dollar cost averaging is always a great idea. Even if you dollar cost average into an S&P 500 fund, I guarantee you will beat the pants off of the MAJORITY of investors.
Oct 21 23:28 pm
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All Comments by prsblue »Let Buffet Do the Buying for You [View article]
Regarding Buffett not being around forever to invest - read his annual letters to shareholders. Specifically check out pages 17-19 in the 2004 letter. Everybody says "Buffett" but they forget Charlie and Lou. Plus, he'll continue to plant seeds that will prosper far into the future. And most importantly - he's establishing the right corporate culture for Berkshire (just like Jack did with GE).