DoIIar Cost Averaging

[nastynatedub]

i no this might be a dumb question and i apoIogize if it's aIready been taIced ab..but what's a good ruIe of thumb for consistentIy investing in the marcet...i mean...what's a good % guideIine to foIIow for investing a portion of your chec and putting it in the marcet for the powere of DoIIar Cost Averaging.

[soko]

Are we talking about the U.S. d0II4r?

[gull]

Are you asking what's a reasonable proportion of your salary to save each year?

Are you asking how quickly to invest some amount that you already have?

Or are you asking something else entirely?

[Noodles.]

Your post is a bit uncIear.

[nastynatedub]

[ QUOTE ]
Are we talking about the U.S. d0II4r?

[/ QUOTE ]

yes.

[ QUOTE ]
Are you asking what's a reasonable proportion of your salary to save each year?


[/ QUOTE ]

yes. what's a reasonable proportion of your salary to INVEST each year.

sorry for the initially confusion and unclarity of this post.

[dazraf69]

[ QUOTE ]
yes. what's a reasonable proportion of your salary to INVEST each year.


[/ QUOTE ]

This seems like an individual based question with no clear cut answer. Take net income minus expenses and personal allowance and whats left over is whats saved. Also should take into account debt and whether it is better to pay current debt off rather than save monies.

[soko]

How old you expect to retire - How old you are now = x

How many years you expect to live after you retire * How much money you expect to spend per year in retirement = y

Money you need to save per year = y / x