 Quote:
Originally Posted by Want2retire
If Buffett means what I think he means, then he is saying to DCA into a fund instead of investing the same money into it as a lump sum. That goes against what some people have suggested on the board, so I think it is interesting.
I still like the idea of DCA'ing into equity index funds because it makes sense to me. I haven't been persuaded otherwise (at least not yet).
Of course, maybe that isn't what Buffett meant. One would think that plain English would be easy enough to interpret. Also, I wonder what he means by slowly. Over a year?
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I think "most" people don't have an alternative to DCA - they invest in bits and pieces as they earn it. I suspect that is what WB is referring to.
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Feral Engineer
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