The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Mutual Funds

URL:  https://boards.fool.com/is-it-best-to-buy-a-mutual-fund-on-the-last-day-14304209.aspx

Subject:  Re: BUYING FUNDS Date:  2/8/2001  3:57 PM
Author:  PMcMullenCT Number:  7558 of 18062

Is it best to buy a mutual fund on the last day of the month or the first day of the month?

Depends on the month. October 1987 was a bad month. You'd have been better off waiting for the end of that month. Over the long term your money will benefit from compounding, so the sooner you invest, the better.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us