Nov 2, 2012

Investing a lump sum of money in stocks pays off
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Written by : Tom George| 0 | Business

 

NEW YORK (MarketWatch) — A mutual fund giant challenges an investment technique financial advisers have used for decades, and many professionals are taken aback.

But people with a lump sum of money to invest have good reason to question the conventional wisdom behind dollar-cost averaging.

This suggestion counters the status quo — dollar-cost averaging is just one of those things that’s always been done a certain way. Walk into a broker’s office with an inheritance or a big chunk of your life savings, and chances are you’ll be told there’s no reason to put it into the stock market all at once. Better to average into the market with your dollars, committing a little at a time on a regular schedule. That way there’s less to worry about if stocks get hammered the day after you buy.

via Investing a lump sum of money in stocks pays off.

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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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