Being wealthy doesn't mean having all the money in the world, just not having to worry about it.

Dollar Cost Averaging vs. Lump Sum

Question: I’ve been a dollar-cost averager for many years; however, I’ve read recently a Vanguard study which shows lump-sum investing [has] outperform[ed] DCA [dollar-cost averaging] around two-thirds of the time throughout history. Wanted to get your thoughts on which one is better long term. Thanks. Answer: My opinion is that you should invest the money when you Read more »