Just got my bonus. Wondering whether I should DCA or lump-sum invest given the market condition. It just seems like it is too high especially now but that is also how I’ve always felt except for Jan 2019 and March 2020.

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If it is for long term investing, just lump sum and be done. It will not matter. Don’t try to time the market. The market is at or near all time highs a lot and people always say they are a fraud it is overvalued. Unless you think you know more than the market, lump sum has historically been better statistically.

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Lump sum always works out better than dollar cost average. The only time you should be dollar cost averaging is for regular deductions such as HSA, 401k, etc.

Statistically it works out better but to say it always does is not correct. Anyone that invested a lump sum last February, like me, can tell you. That being said I will always lump sum, even though it will not always work.

I know we aren’t supposed to time the market but also it’s So Hard to buy anything looking at this s&p historical ...

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The thing is, the chart looks like this pretty much every year. From 2011 on (short of a few brief months), you would come to the same conclusion and would miss out on a lot of growth.

EY1 also makes a great point - looking at the full history would help change your conclusion and illustrate how there is such growth in the S&P that a few blips here and there are no big deal in the long run.

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