My friend passed away after about 34 years of working for the us Gov't. He always believed in the long-term returns of "the market" and dollar cost averaging. Every month, he would put "x" into the market. Doing this, you buy more shares when the price is lower and fewer when the shares are higher. He left an estate of 1 million+. He never let the downs affect him.
Sounds like a very level headed Fella Clonge,i was never gonna reach those heady heights,but i did reach enough to complement my age pension..i can take an overseas holiday every 2 or 3 years..>>>>>>>><<<<<<<<..
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