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Author: Ajamian Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 267374  
Subject: First time out Date: 8/15/1999 8:46 PM
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We've just begun investing, after having read mountains of stuff (the Fool stuff at the top, of course :-), and now we're even more confused.

Could someone please help with the following questions:

1. We heard that it's best to "dollar cost average" into the market. How does one do this, if investing in the Foolish Four, if the four stocks chosen at any one time are variable. (Theoretically we could end up owning the entire Dow at some point...)

2. Not to be funny, but how do we know when to sell? We're investing for the long term, and don't know whether we should set a target when we buy (and sell no matter how quickly the target is reached), or whether the stock should be allowed to ride for a period of time before even considering selling.

Help!

We're helping our 17-yr old learn the way of the Fools, but we're obviously not very Foolish ourselves...yet.

Thanks.
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