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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.
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