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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (16906)5/7/2002 11:25:38 AM
From: Bob Biersack  Read Replies (1) | Respond to of 26752
 
All my Mutual Funds are up 4-14%...started in Mar & Apr
That's why I shouldn't be trading!! hahahaha...I'm down 28%
in my picks



To: Connor26 who wrote (16906)5/8/2002 4:32:05 AM
From: lee kramer  Read Replies (1) | Respond to 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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