How do I invest $14,000 in 2 Roth IRAs with low-cost index funds wisely?

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    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!

      #99210 Reply
      Daniel

        Timing 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.

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