4 ms·
If you want long-term exposure to a stock but don't want to implicitly make a bet on short-term value, chunk your purchase up into smaller amounts and do it ove
by bcjordan 13y ago
If you want long-term exposure to a stock but don't want to implicitly make a bet on short-term value, chunk your purchase up into smaller amounts and do it over time (1/10th every day over the next week).
Forget what this is called, but think it's a standard maneuver for wading in to a big long-term position.
- jadeddrag 13y agoI believe that's called "dollar cost averaging". http://en.wikipedia.org/wiki/Dollar_cost_averaging http://en.wikipedia.org/wiki/Dollar_cost_averaging