Quote:
Originally Posted by Slava
I'm not a pure mutual fund guy, but if you are making monthly contributions and buying stocks every month or biweekly you are spending way more on transactions (for the most part). I do understand why people don't love funds, but that blanket statement isn't good advice for every investor.
|
I don't want to derail this thread, but can this be elaborated on more? I thought that dollar cost averaging by making regularly timed contributions was a solid foundation for building savings?