tag:blogger.com,1999:blog-8600248025662223449.post4139742986695794185..comments2023-03-22T03:04:16.421-07:00Comments on Finally Frugal: Stock market pain. . . .Finally Frugalhttp://www.blogger.com/profile/12273720976098302248noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8600248025662223449.post-60542686109026005842008-02-22T13:44:00.000-08:002008-02-22T13:44:00.000-08:00Hi,I am currently in debt reduction phase. However...Hi,<BR/><BR/>I am currently in debt reduction phase. However, if I were contributing to an investment account I would do as you are and keep investing. The reason is simple, you are buying low (which is what you want to do) and you are buying more shares with the same contribution (10% of your gross). This will give you a great advantage when the price of your shares increase.<BR/><BR/>I believe what you are doing is called dollar cost averaging. The cool part is it actually reduces your risk compared to if you invest the same 10% of your gross but in one annual lump sum.<BR/><BR/>I will be doing the same as you when I am debt free and get to my savings phase.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8600248025662223449.post-50533638668408179442008-02-21T09:04:00.000-08:002008-02-21T09:04:00.000-08:00I too have taken the probably unwise decision of l...I too have taken the probably unwise decision of looking at my investment and retirement accounts as infrequently as possible. However, I plan to call my financial advisor in the next day or two to see what can be done to salvage the situation!<BR/><BR/>Christa, frugalmomla.blogspot.comSmallBizMomhttps://www.blogger.com/profile/16566123049467774028noreply@blogger.com