Investors typically join the party too late and leave too early. Successful investors don’t move in and out of the market in vain attempts to time the market. Instead, they invest regular amounts no matter what the market is doing. A mutual fund that’s well managed with low turnover and relatively low costs can be a good way to practice dollar-cost averaging.
More from AP Personal Finance Writer Mark Jewell here: http://bit.ly/GCFSuG
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