Here's a speadsheet in case you'd like to see how DCA would have fared over one of the past ten years
... well, from Dec/92 to Nov/02.

The spreadsheet looks like this:

Stick in some Money Market Rate, then each time you press F9 you get a 12 month comparison between:

1. Putting $12K into the TSE 300 ... that's all-at-once
2. Putting $1K per month (with the rest of your $12K in Money Market, until you invest it).

Just click on the picture above to play ... and see if