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<p>[QUOTE=&quot;beeze, post: 796805, member: 22816&quot;]Dollar cost averaging is a buy an hold strategy (or can be as long as you don&#039;t sell) unlike the opinion of some who have replied to my initial post.&nbsp; </p><p>&nbsp;</p><p>Also, the only problem with buying on lows is that you are trying to time the market.&nbsp; That does not always work.&nbsp; For example you tell your self that &quot;I am going to buy the next time it drops to $15&quot;.&nbsp; Then it never does but it slowly increases.&nbsp; You never buy and you lose out.&nbsp; </p><p><br /></p><p>If you consistently buy regardless of price you will be better off if you believe that in 10 years or more the price will be higer than today.&nbsp; Which I do.&nbsp; </p><p>&nbsp;</p><p>Dollar cost averaging can protect the down side risk (or help reduce it) by lowering your cost basis as you buy.</p><p>&nbsp;</p><p>RJ[/QUOTE]</p><p><br /></p>

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