Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (41532)	12/22/2008 8:10:02 PM
From: Kirk ©	of 42834

You two are no smarter than half a box of rocks. Dollar cost average "new money" means if you get a sum of money, perhaps from an inheritance or a buyout of your business, then you break it into 12 parts and make 12 buys over the next year. Your IRA contributions are lump sums. Your boss gives you some money and the very same day you put it ALL in. If you keep your job, then in one to four weeks you get another sum of money to repeat it. It has the effect of dollar cost averaging into the market as long as you keep your job and keep making contributions but you are not breaking each payment into 12 pieces to make fractional purchases. It is all rather silly as if you have any skills at investing, then your contributions from paychecks should be a tiny fraction of your total by the time you are in your 50s, if not 40s. If you want to get the returns Brinker advertises, they you must lump sum immediately to the exact percentage of each fund he recommends in his newsletter. That he gets away with this nonsense at all is amazing.

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