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Chief
Lump sum - assuming you do not foresee any need for the money anytime soon. Lump sum gives your money more time to grow.
OP congratulations. In this day and age you got a bonus. Lump sum it into spy. Folks in our firm are still debating what they get under the guises of “Phonus”
Lump sum makes no sense if the market pulls back 10 pct.
If you lumped some before March crash you would be crying.
Newbies should just DCA.
Lol I unfortunately lump summed 35k in January.. but now it’s back to normal. Sad I missed out on making 10k if I invested in March but I know I can’t time the market or ever should try to
Depends on your risk appetite. Lump sum will be better if the market continue the current trajectory, but DCA mitigates risk. Given this years volatility, I would drop 5-10 grand in the market but keep the rest handy for DCA
Pro
$15k lump sum. Long term, lump sump wins. And your $1.5k each week is DCA’ing on top of this.
Lump sum wins.
And put it into more diversified index funds like vanguard total stock market or sp500 (vs spy which tracks the same index but has higher expense fees). You're increasing volatility by concentrating on sector funds.
https://www.schwab.com/resource-center/insights/content/does-market-timing-work