If Now, Then How: The Right Way to Get In
When the market is this rough, how you buy fund shares can be almost as important as which fund you buy.
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The Nasdaq Composite has been hacked down nearly 60% during the past year, and the S&P 500 is off about 19% for the same period. So you might be thinking now is a good time to start buying more shares of stock funds. Maybe the shares you buy today will look like eye-popping bargains a year or two from now. Then again, maybe they won't. Either way, if you're going to buy fund shares now, it might make sense to make regular monthly investments -- a strategy usually called dollar-cost averaging
-- rather than buying a big slug of fund shares at today's price. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
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