themackattack

Wall of Waiting Cash Could Drive Equities Higher

dollar cost averaging is a smart entry strategy, but the notion that it is a good strategy when applied mindlessly (e.g. consistently without regard to any additional factors) is a fallacy. It works best when the market is priced attractively or is in a down-trend.




On May 02 08:05 PM VennData wrote:

> Folks who say "money on the sidelines" do not understand money.<br/>
>
> Folks who do or don't "bet a recession is coming" and invest that
> way will have to make numerous correct guesses for the rest of their
> lives to beat the indexes. It defies logic they will outperform
> consistently.
>
> Sit tight, dollar cost average in, rebalance... anything else is
> speculation.