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Chapter 13. Taking the Long View > Playing the Odds Through Dollar Cost Averagi... - Pg. 135

Taking the Long View 135 The Least You Need to Know · Investing in stock mutual funds is not as risky as people think--you'll even find that stocks can save you from the effects of inflation over long periods of time. · Do not even try to be a market timer. Few "experts" who supposedly know what they're doing have ever done it consistently. · Long-term investing means sticking with your investments through good times and bad. If you feel you have to do something , go see a movie. · Real rate of return is what you actually get to spend. If you do not have enough real return on your invest- ments, you will lose buying power. · Dollar cost averaging can reduce what you paid for your investments over time.