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About Docs99
Expertise
any related to the field. plus investments on mutual funds and variable products.

Experience
almost 20 years in financial services

Education/Credentials
MPA from Harvard University

 
   

You are here:  Experts > People/Relationships > Retirement Planning > Mutual Funds > Making the Most of the Dow

Mutual Funds - Making the Most of the Dow


Expert: Docs99 - 10/15/2008

Question
??? I don't understand the reply you sent me (see below)....

"You are very welcome.

Your Question was:

If the Dow declines much further, I'm contemplating trying to cash in on its
eventual return to higher numbers by investing in a fund such as Vanguard's
500 Index or Total Stock Market Index Funds, which seem to me a reasonable
way to ride the tide back upward over the next few years. Do you agree or
would you recommend some other market vehicle? So far, the biggest
drawback I can find is should on any day I decide to invest, I'd have to wire
Vanguard the money by 10 PM in order to buy shares at the closing price on
the following day and that delay could throw off the timeliness of my
purchase. I'm considering an investment of perhaps as much as $100,000.
Any thoughts or other recommendations? Thanks for whatever help and
insights you can provide!

Expert: Docs99"


Answer
Apologies, pressed the wrong key.  I would prefer to abstain from any comments right now given the state of affairs.  You may want to meet with your tax advisor and or accountant, as well as, with a duly registered financial advisor and gather all the information necessary to make a decision.  I am sorry to say that my guess is as bad as anybody else's right now.

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