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USER COMMENTS >");
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Rand Cost Averaging
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document.write("RUBBISH!!Anybody who watched the crash of 1969/70 which over an extended period of time wiped out the mutual fund industry ( both of them!) would have learned the stupidity of throwing good money after bad. Mutual Fund salesmen then were trumpeting the same line. There is no substitute for learning how to read the market, when the car's going downhill you put the brakes on until it hits the bottom, THEN you go back to the accelerator.. Joe Mackenzie");
document.write("Regarding Joe Mackenzie's tirade
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document.write("Joe Mackenzie's tirade proves the point that this article makes.
I'm sure after the crash of 1969/1970 that he talks about he sold out of equities and then bought them back only after they have recovered. The only long-term investors who lost out were the ones who, like Mackenzie, freaked out then got out and in so doing 'realised' the paper losses they suffered. If only they Rand Cost Averaged they would've been fine!
Rand Cost Averaging does NOT in any way equate throwing good money after bad. Mackenzie misses the point.
'There is no substitute for learning how to read the market…' This is the most nonsense I've read in while. Very few professionals are successful in timing the market so how will the average small investor be able to do it? What folly!
Do your own research, Rand Cost Averaging works!
. Eric van Rensburg");
document.write("Rand cost averaging
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document.write("With too many shares , the investors are not even in command and sales are done by the investment brokers , that have control over living or other annuities.
They could not care a damn when they buy and sell , as long as they make money. K.Kreissel");
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