Thread: Anyone invest?
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Old Jun 10, 2006 | 12:03 PM
  #3  
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white_n_slow
it's my D in a B
 
Joined: Aug 2001
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From: Your Mom's House
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Mutual funds + dollar cost averaging = good money in the long term without worrying about it (or even thinking about it, for that matter). I use AIM investments (formerly Invesco).

I do $300/m regardless of price, so when prices are low, I get more shares, when prices are high, I buy fewer. I've read the mathematical defense for this and it fawking blew my mind.

:edit: IRA's work on a similar principal, but they've got tax advantages too. Opeining an IRA is never a bad idea.

Last edited by white_n_slow; Jun 10, 2006 at 12:06 PM.
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