[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 49 KB, 402x604, 1466010416213.jpg [View same] [iqdb] [saucenao] [google]
1638562 No.1638562 [Reply] [Original]

So I have about 115k that I'd like to invest into a S&P 500 ETF but it's at a record high right now, best way to approach this?

max profit: wait for market crash and dump (might take years)

average it out, maybe 5k/m, try to look for dips?

Damnit, I wish I started doing this from the beginning.

>> No.1638565

>>1638562
>Trying to time the market when you have no clue what you're doing besides seeking le graph at le top

>MAX PROFIT

Ohohoho this board.

>Dollar cost averaging
a better idea but still suboptimal.

How about lumpsum you fool? Tomorrow morning invest all of it at once.

>> No.1638571
File: 5 KB, 252x248, 1309380176792.jpg [View same] [iqdb] [saucenao] [google]
1638571

>>1638565
Even if this dude's wording makes it sounds like financial suicide, he is right.

https://pressroom.vanguard.com/nonindexed/7.23.2012_Dollar-cost_Averaging.pdf

If you plan to hold the investment for a long time (10+ years), you're better off investing everything at once.

>> No.1638575

>>1638571
that's not the only reason why

It's possible to time the market. But 99% of people can't whatsoever