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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: Connor26 who wrote (16906)5/8/2002 4:32:05 AM
From: lee kramer  Read Replies (1) of 26752
 
Connor: Mutual Fund dollar cost averaging is a concept devised by the mutual fund industry to keep the fundholders sending in money. The pitch goes something like this: "If you send us a set amount each month, or each quarter, you will buy more fund shares if they decline...and thus your dollar cost average will decline...and over time you will do very well."
Perhaps.
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