So I've been on the forum for a month now, read the DR book right before I joined. I think I finally get the DBing methodology.
It's just retirement investing for dummies. No room for day trading or overnight get rich schemes. It's a long-term process requiring discipline and focus for a solid payoff in the future. Dollar cost averaging means that an occasional mistake or setback is fine as long as we remain steady and focused over time we will still achieve intended results.
There now, wasn't that easy. ;-)
That's a pretty good analogy! I would like to say that the payoffs though, are not only for the future. They are for the present also. You'll get a current 'good return' on your investment also!
"Always go straight forward, and if you meet the devil, cut him in two and go between the pieces." - William Sturgis, clipper ship captain, 1830's.
