- This topic is empty.
-
AuthorPosts
-
Lauren
I know you can’t time the market, but, I need to open 2 Roth IRAs (planning on having Fidelity), and dump in $14,000 at once.
I’d like to do low cost index funds (I think, but only because I don’t really know what I’m doing and that’s what the books & people say to do).
Since I’ll be going all in at once, is there a smart way to do that, like when the stock market takes a dip or something?
Sorry if it’s a dumb question, thanks!
DanielTiming to market might be a concern for a lottery winner or someone who received a giant lump-sum insurance settlement, but for the person who will be making a lot of bites size buys over decades, it needn’t be a concern.
I have more than enough to retire on now and I use all index funds- 3 to be exact.
Any I’m a former financial advisor who has retained a lot of investment knowledge.
Index funds are nearly impossible to beat- I’ve never met anyone who’s been able to do it over 25+ years of investing, and I’ve met thousands of investors.
-
AuthorPosts
Related Topics:
- Should I sell my traditional IRA and Roth assets to reinvest in the total stock market, and does my former advisor still earn from these funds at Vanguard?
- Is it better to wait for a market dip before investing money in VTSAX?
- Suggest some ETFs and index funds for long term investment!
- Which low-cost index funds should I add to diversify beyond VOO?
- Where should I invest $7500 in my Roth IRA to benefit from the current market dip?
- What are reliable resources for learning stock investing (index funds, etc.)?
No related posts.