Quote:
Originally Posted by wodin
It's called dollar cost averaging.
[SNIP wikipedia definition]
It's a well know and effective investing stratagy.
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It certainly is both well known and effective. I'm always surprised to encounter people who aren't aware of it. It's one of the most basic financial concepts around.
I went into gory detail because BlackVoid didn't seem to understand what I was suggesting.
@RalphSirEdward -- yes, tangible assets can act as a hedge against hyperinflation. I should have clearly stated that I was excluding them from consideration -- mostly because it's tough to include them in a 401K/403b/IRA style retirement account under US law. Not completely impossible, since another level of indirection solves most problems
, but difficult to do directly.
Xenophon
P.S. I'm curious to hear from BlackVoid w.r.t my big long post about the Japanese bear market and its effect on retirement savings. Especially in light of the historical numbers I described.