Using our plan of systematic investment and taking advantage of the market decline during the summer of 1998, Lawyer Lance, or you, would have been able to accumulate more shares at a cheaper price just before the market blasted off to new highs starting in October. When you dollar cost average, you take some of the fear out of investing by making market volatility work for you. As we saw in October 1998, market dips occur often. Another one may be just around the corner maybe even sooner than we think. We are living in an unprecedented boom time.
Inflation is low.
The economy is robust. However, that does not mean that the market won't suffer a decline. Try not to worry about those bumps in the road when they occur. Over a long period of time, the bumps present buying opportunities, which should ultimately work to your benefit.