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Investing/Strategies / Retirement Investing
|Subject: Re: Sharebuilder auto investing||Date: 10/1/2004 5:06 PM|
|Author: wcfenton||Number: 42543 of 76398|
I have a sharebuilder acount(IRA&Individual) that automatically withdraws money from my checking once a month. Now that I am thinking about this, it can't be good.
I am forced to accept the price at that given time(good or bad). I believe I,and anyone, should decide what price they will by an investment at.
Take a look at Morningstar's Primer on "Dollar Cost Averaging" and then you can decide for yourself whether DCAing is right for you or not:
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