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<p>[QUOTE=&quot;yakpoo, post: 1108741, member: 18157&quot;]Granted, this is a simple example to illustrate a point, but I think you&#039;re wrong (and you know I NEVER say to you!!). Let&#039;s just take this example out to four (4) months; we sell at the market high of $20/share...</p><p>&nbsp;</p><p>B&amp;H: 50 shares @$20/share or $1,000</p><p>DCA: 45 shares @45/share or $900</p><p>&nbsp;</p><p>You win! ...right? ...well, maybe. How any investors you know can sell their stock just after it doubles...not many I&#039;ll guess. Once it comes back down...they&#039;re screwed!</p><p>&nbsp;</p><p>My Father always told me, &quot;<b>Timing the market is a fool&#039;s errand</b>&quot;; he always tried to teach me the difference between &quot;investing&quot; and &quot;speculating&quot;. </p><p>&nbsp;</p><p>The best advice I can offer a novice &quot;investor&quot; just starting out is to Dollar Cost Average. The market will automatically buy the majority of their shares at the lower price and fewer at the higher price without having to know how to time the market...(jmho).[/QUOTE]</p><p><br /></p>

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