AFM Reader: How Should I Go About Buying Stocks?
Saturday, October 11th, 2008This arrived in my inbox yesterday: I was wondering what’s the best way to go about buying stocks? I have about $10,000 that I am willing to invest and right now during this melt down seems like a good time. I have never bought stocks before, do you have any good advice? Well, since you [...]
Don’t Give up on Dollar-Cost Averaging!
Monday, July 21st, 2008At the time of this writing, Vanguard’s S&P 500 Index Fund (VFINX) is down 14.04% year-to-date (not including dividends). Where would you be had you dollar-cost averaged into VFINX during the year? To arrive at that answer I assumed a few things: 1. Invested $500 on the 1st and 15th of each month. 2. If [...]