In my recent post on dollar cost averaging I said that I think of this investment purchasing strategy as “mak[ing] a lot of small bets.” What I meant by that is that through dollar cost averaging you mitigate your timing risks by entering the market at many points in the hope that more of [...]
Posted in Investing, Money Management ~ No Comments
I am a very new investor and I am historically very risk adverse. I have always like the idea of earning money from other people’s labor, but until recently I have always been pretty scared to invest. Right now I am working hard on acquiring $2,500 to open an account with an internet brokerage [...]
Posted in Investing ~ 2 Comments
Since the Pros are just like Joes when it comes to the problems they have with managing their money, maybe some of the things that their investment professionals suggest for them are the same types of things that will work for people like you and me. Here are three things that I’ve inferred from [...]
Posted in Investing ~ No Comments
The past month has not been that great for the stock market in general, nor has it been even remotely good for the one U.S. stock I had chosen in my original investment strategy post. As always, lets take a look numbers and cool graphs:
Washington Mutual (WM)Buy Date: 1/9/2008Buy Price: $12.34 [...]
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