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the best results are usually lump summing in not buying over time .
if buying over time actually was better we would all reach our desired allocation, sell it all and start over .
that is because markets are up 2/3s of the time and down only 1/3
so dollar cost averaging requires the exception to do better
No question about that.
However, I wasn't dollar cost averaging per se. I was rotating oil and gas, RE and ag proceeds as available, more like lump sum investing when the lumps were available.
However, I wasn't dollar cost averaging per se. I was rotating oil and gas, RE and ag proceeds as available, more like lump sum investing when the lumps were available.
There's not a lot of simple path anymore because too many disruptive tech and policies. Even people who are multi-millionaires can't just sit back and watch their portfolios go stale. If you're selling anything, there's more and more competition and regulations so you need to adapt always.
In the case of mutual funds the choices of investments are not yours to make.
That is in the hands of fund managers.
exactly my point .
we do not have to have any kind of active approach if we don’t want to.
Quote:
Originally Posted by MKTwet
There's not a lot of simple path anymore because too many disruptive tech and policies. Even people who are multi-millionaires can't just sit back and watch their portfolios go stale. If you're selling anything, there's more and more competition and regulations so you need to adapt always.
If there were a "simple" path to wealth, then most people would be wealthy.
You have to ask yourself why they are not.
most people are unfortunately quite stupid, and an even larger majority are almost completely financially illiterate. Look how many people forego a company 401k match but have no problem blowing money on stupid junk they really don't need.
as george carlin said , what’s scary is that no matter how dumb you think the average person is , half are dumber
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