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RE: ‘Dollar Cost Averaging’ almost as good as ‘Market Timing’ over a 50 year investment period

in LeoFinance5 years ago

He does seem to know his stuff, Terry Smith!

Some of the best funds have made 900% over the last ten years, but I guess that's due to the specific snap shots, and many of them are up and down, also, you have to pick the right one with a higher risk strategy, it's a gamble!

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Well I'm 80% down on the one stock I hold (4 years now), if it ever recovers I will be taking this approach in the future!

Oh you just reminded me, I did buy some stocks myself about 15 years ago, way down myself, I'm not even sure if I count them in my wealth, they might go up, you never know!