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Thursday, 2 August 2012

Strategies and Concepts of Basic Investing : Investment Auto-Pilot

Investment Auto-Pilot :

I sure most of us would had asked this question to yourself before,

"Is this the right time to get into the stock market?" 

or replied, 

"The market's too high now. I've missed my chance," 

Today I would like to introduce to you the power of dollar-cost averaging where this will soon make you forget those question and answer from earlier after you learned the power that can be derived from it.
          
Here's what dollar-cost averaging is all about: 

It is putting the same amount of money each month into an investment, such as a stock or a mutual fund. That's all. refer to Currency-Cost Averaging

Many will ask "Why put money in the stock market every month?"

Because the markets,generally; while having bad days -- even bad years -- it tends to go up over time. 

Using the dollar-cost averaging method,you won't have to track and time the market.

Buying stocks in a falling stock market sounds easy, but most people don't have the gut to do it. 

In fact, the stock market is the only place where people seem to get more interested when the prices are being raised. 

They seem to lose interest when stocks are "on sale."

Dollar-cost averaging is easy to understand, even easier to do, and will have a very positive long-term effect on your portfolio.

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