"Life can only be understood backward; but it must be lived forward." ~ Søren Kierkegaard |
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"You can't connect the dots looking forward; but only by looking backwards." ~ Steve Jobs
DCA over 11 equally spaced periods -- one period for each question mark.
Victoria
Inventor of the Bogleheads Secret Handshake |
Winner of the 2015 Boglehead Contest. |
Every joke has a bit of a joke. ... The rest is the truth. (Marat F)
I'd like to rephrase the OP's question: "should I lump sum just once or several times?"
"Life can only be understood backward; but it must be lived forward." ~ Søren Kierkegaard |
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"You can't connect the dots looking forward; but only by looking backwards." ~ Steve Jobs
LH wrote:I have some new money, and was wondering whether or not I should dollar cost average in?
my heartfelt thanks ; )
LH
Don't just lump sum your new money in; figure out your total net lifetime earnings, calculate what percentage you should invest (say, 10-20%), then borrow that much and THEN lump sum it all in.
Considering who the OP is, it's probably a serious question.
Then why is he winking - something fly in his eye?
"Life can only be understood backward; but it must be lived forward." ~ Søren Kierkegaard |
|
"You can't connect the dots looking forward; but only by looking backwards." ~ Steve Jobs
Oh, come on... it's because of your thread, which has remained on the main page for about a week now:
That never occurred to me.
"Life can only be understood backward; but it must be lived forward." ~ Søren Kierkegaard |
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"You can't connect the dots looking forward; but only by looking backwards." ~ Steve Jobs
DCA (Washington National) is OK if you need easy access to the central city. But if you're going to be out in the Virginia suburbs, you might want to consider IAD (Dulles) or, if in the far Maryland suburbs, BWI (Baltimore–Washington International).
Whichever you choose, it'll cost you a lump sum of a certain amount to get there.
Just trying to be helpful. Amazing how many people want DCA. Had no idea it was so popular.
You can take advantage of the forum software, set up a poll, put your question up for a vote and then act on the advice of the majority. This is a democracy, after all...
Ignore the market noise. Keep to your rebalancing schedule whether that is semi-annual, annual or trigger bands.
MarcMyWord wrote:DCA (Washington National) is OK if you need easy access to the central city. But if you're going to be out in the Virginia suburbs, you might want to consider IAD (Dulles) or, if in the far Maryland suburbs, BWI (Baltimore–Washington International).
Whichever you choose, it'll cost you a lump sum of a certain amount to get there.
Just trying to be helpful. Amazing how many people want DCA. Had no idea it was so popular.
bob90245 wrote:You can take advantage of the forum software, set up a poll, put your question up for a vote and then act on the advice of the majority. This is a democracy, after all...
LH wrote:I have some new money, and was wondering whether or not I should dollar cost average in?
my heartfelt thanks ; )
LH
This reminds me of when I was a kid, we took swimming lessons, first thing in the morning. The water was very cold. Now, you really did know that just jumping in was better because you got it over with. But, most of the time, we just went in an inch or two deeper at a time, proloning the misery.