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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27419  
Subject: Re: market timing (sort of) Date: 12/18/2012 10:32 PM
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Welcome FidgetyFledgling. We're glad you could join us.

Dollar cost averaging is a noble concept and usually works best in say 401k's where you buy the same mutual fund with the same amount of money again and again.

For stocks, one technique is called buying in thirds. You decide on your target portfolio, and then buy positions in the each stock in at least three portions. You might spread them over several months. But personally I would be opportunistic. If one seems to be moving ahead strongly, you may want to buy it sooner rather than wait. If you spot dips, those are great opportunities to take advantage of.

In any case, you will want to keep an eye on your stocks and act quickly if the prospects for higher prices wane.

Yes, you can park your funds in money markets while you wait, but with interest rates so low, its not a great investment opportunity. Any place safe is fine. Leaving funds in your mutual funds and then transferring over in several portions can also be considered.
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