Message:

<p>[QUOTE=&quot;medoraman, post: 1173616, member: 26302&quot;]Psychology/emotion, similar to me. I think we agree, though I suspect there is hedge fund activity behind the scenes as well, which we will never know about until much later.</p><p><br /></p><p>DCA to me, for all of its faults, does have a huge advantage in forcing investors to do something they don&#039;t want to. Most small investors have the horrible habit of buying high and selling low. DCA forces them to buy into a falling market, a bottoming market, etc. This is something psychologically they simply do not want to do. If you want to pick your entry points fine, good for you. I am simply saying most small investors pick their entry points high, when they are excited about a market, and their exit point low, when they are disheartened. This is the greatest strength of DCA to me, to stop this poor decision making. You have seen this, most small investors when choosing a fund will automatically choose the one with the highest return last year. This is almost the last thing you want to chose a fund on.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in