Wednesday, July 1, 2009

Dollar Cost Averaging - Fama/French Forum

A really good video of Ken French on Dollar Cost Averaging. :Dollar Cost Averaging - Fama/French Forum: "Does it make sense to dollar cost average? It depends. Standard financial analysis says dollar cost averaging is suboptimal. If you focus on only your investment outcome, investing a lump sum immediately lets you construct the best portfolio you can today; slowing the process with dollar cost

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