"I agree fully with US financial portal Motley Fool for placing this tip right at the top of its advice to novice investors: Dollar-cost average for your entire life and you'll beat almost everyone who doesn't. What this means is to invest the same sum in the stock every month or even consider buying more of it when the market is down and less when it is up. Over the long term, this will ensure that you buy low and sell high. Of course, this advice applies only if you are buying into stocks whose earning capabilities have been proven beyond the benefit of a doubt over the years."
[Source: The Sunday Times, 4 May 2014, page 37]
Goh Eng Yeow is a Senior Correspondent with The Straits Times and the author of "Small Change: Investment Made Simple".
Click here for a review of Small Change: Investment Made Simple
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