Through the years I have heard a lot of talk about the investing approach known as dollar-cost averaging. I think it is clear that Kirk Spano is not a fan of that approach. So what does he suggest?
"What is an investor to do then who is sitting on the sidelines like so many are today? It is very simple, buy low when low happens. It is that easy and that hard. But it is not impossible with an informed and patient approach."
The fallacy of dollar-cost averaging - MarketWatch