I have opened a taxable account with Vanguard as of 2 weeks ago. I deposited the minimum 3k to start off (VTSMX) Total Stock Market Index but my question is this...Being only 21, with a lump some of money (around $15k), is it best to purchase this stock all at the same time?
-Other alternatives are purchase 3/4 and DCA the rest
-Start DCA at 3k
My theory crafting is this, since it'll sit in the account untouched for 20+ years anyway... will it matter? Odds are it can go up from here, or perhaps down with the "fiscal cliff" as well. Thoughts as to what others do when they have money to deposit?
Thanks in advance, always...