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Investors' Roundtable / Rule Maker Companies


Subject:  Question Date:  7/31/1998  10:20 PM
Author:  InquilabZindabad Number:  638 of 8329

Dear Fools,
I have $10,000 that I want to invest in Pfizer and Coca Cola. While I definetely subscribe to the strategy of buying and then holding for the long term, I am a bit concerned with the valuations of both these companies. Now I know that a few points up or down won't make much of a difference a few decades from now, but with these two stocks being so highly valued, would it make sense to keep the $10,000 in cash and do a dollar cost averaging thing over the next few months. Or, would I be better off being fully invested right now. Any comments or suggestions would be appreciated.


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