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<p>[QUOTE="Brett_in_Sacto, post: 2580733, member: 71510"]So let me bring this around. Dollar Cost Averaging works over LONG PERIODS OF TIME.</p><p><br /></p><p>In 20-30 years we can *almost* be sure that metals will substantially appreciate. So buying every month like clockwork guarantees that whatever highs and lows you buy at will average out.</p><p><br /></p><p>Over time you will develop a dollar cost average. But TIME is the enemy of the short term investor. If you are averaged at $19 and it drops below, the only choices are: Buy more to lower DCA, buy none and wait it out in hopes of a rise (not DCA) or sell and lose.</p><p><br /></p><p>BMan33, I admire your tenacity in this, but you would not be the first to attempt to make money in metals. But you can't run a DCA strategy in a couple of months and just hope it works.</p><p><br /></p><p>Believe me, many before us have tried.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2580733, member: 71510"]So let me bring this around. Dollar Cost Averaging works over LONG PERIODS OF TIME. In 20-30 years we can *almost* be sure that metals will substantially appreciate. So buying every month like clockwork guarantees that whatever highs and lows you buy at will average out. Over time you will develop a dollar cost average. But TIME is the enemy of the short term investor. If you are averaged at $19 and it drops below, the only choices are: Buy more to lower DCA, buy none and wait it out in hopes of a rise (not DCA) or sell and lose. BMan33, I admire your tenacity in this, but you would not be the first to attempt to make money in metals. But you can't run a DCA strategy in a couple of months and just hope it works. Believe me, many before us have tried.[/QUOTE]
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