The current state of the stock market can leave even the most fearless investor a little nervous. The uncertainty and volatility can be scary. Of all the different investment methods I use, there’s only one that I don’t worry about in such times: the one built on dollar cost averaging.
By automating that portfolio, I don’t have to think about it. I chose companies whose long term prospects looked appealing. As such, I don’t need to think about the day to day prices of the stock or worry about when to buy or sell. When the market takes a big hit, like it has recently, I sleep well knowing that my automated contributions are buying larger amounts of the stocks that I chose. Like anything else, when the price of something you want to buy goes down, that’s the time to load up on it. A downturn in the market is like all of your favorite stocks going on sale.
My overview of Dollar Cost Averaging is here.
If you enjoyed this post, subscribe to my feed via RSS or email.
You can support Richer by the Day by visiting our advertisers and sponsors. A thumbs up from any StumbleUpon users would also be greatly appreciated.
Related Posts
Dollar Cost AveragingValue Cost Averaging
Are You Investing Now?
The 401K Company Match
Should the Dollar Bill Be Eliminated?







