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Investing/Strategies / Retirement Investing
|Subject: Re: Roth IRA deposits||Date: 11/13/2003 9:20 PM|
|Author: going2win||Number: 37822 of 81600|
Why DCA remains so popular, and the subject of endless articles by the financial community vs AYC (All You Can) investing is beyond me. So I'm supposed to use DCA to invest exactly $1000 per month. What if I have $2000 one month? I can't invest the extra $1000...that would be ruining the whole spirit of things!
I'll tell you why it remains so popular. While the market plummeted from it Y2000 highs to its Y2002 lows, my 401k and my wife's 401k were consistently buying mutual funds all through this period.
The result ?
My wife's 401K and my 401K are at all time highs and over 30 % this year from ye 2002 (which isn't the low btw)
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