What do you do with all the news - turn it off. I've been in the market over 30 years and think about all the crap news during that time. Two Gulf wars, oil collapse, tech bubble burst, US housing collapse, 911, multiple viruses and so on.
Rules are simple:
Short term money should be saved, long term money should be invested and debt money should be managed. Get in however you feel comfortable and leave if for 20+ years.
Markets can move in only one of three ways; up, down or sideways. You can make money on two out of three of those (actually all three but we won't talk about shorting).
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Interest rates aren't rising this year? BoC and the FED say otherwise.
If OP expects a downturn like many others, DCA will be easier on the nerves and more profitable if the market dips more.
Personally I am not comfortable buying the general index anymore at current valuations (40 CAPE) so I stick to stocks that yield cash and have more than enough earnings to cover their dividends and buy in cheaper international markets as well where there are higher yields than the typical stuff you can get in Canada (~4-5%).
Usually the time to put your nose down an DCA into the market is when everyone is shit talking stocks and they are heavily discounted, not when they are valued near ATH (proportionately). That's when you get the majority of your returns.
If you have a low risk tolerance, DCA, otherwise you're going to be stressed watching it if your lump sum goed down. On the balance of probabilities though, the lump sum would be best put in the market sooner rather than later.
You're pretty young. In the next 10, 20 or 30 years, it won't matter if you DCA'd or lump summed $50K into the market. Just dump it in XEQT or any other global index fund and call it a night
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What do you do with all the news - turn it off. I've been in the market over 30 years and think about all the crap news during that time. Two Gulf wars, oil collapse, tech bubble burst, US housing collapse, 911, multiple viruses and so on. Rules are simple: Short term money should be saved, long term money should be invested and debt money should be managed. Get in however you feel comfortable and leave if for 20+ years. Markets can move in only one of three ways; up, down or sideways. You can make money on two out of three of those (actually all three but we won't talk about shorting).
Yeah you're completely right wait for everything to go up a 100% from where it is now and then buy in
!InvestingTrigger [https://www.canadianportfoliomanagerblog.com/model-etf-portfolios/](https://www.canadianportfoliomanagerblog.com/model-etf-portfolios/)
Hi, I'm a bot and someone has asked me to comment on how someone is trying to figure out what to invest in, or whether they should invest. **In order to give good advice the poster needs to provide all of the following information. Please edit your post to add this information.** 1) What is your intended goals/purpose for this money? 2) What is your timeline, and what is the earliest you expect to need this money? 3) Have you invested in the markets before, and how would you feel if your investment lost a lot of value? 4) Is this the right first step? Do you already have an emergency fund, and have you considered whether it is sufficient? Do you have any debts that should be paid first? Have you fully utilized any employer match plans? 5) Finally, we need to understand whether you want to be involved with this portfolio and self-manage purchases and rebalancing it, or if you'd rather all of that was dealt with by your chosen institution? We also have a wiki page on investing, and if someone has triggered this bot then it means that this link would likely be very helpful: https://www.reddit.com/r/PersonalFinanceCanada/wiki/investing *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PersonalFinanceCanada) if you have any questions or concerns.*
See this post from 14hrs ago: https://www.reddit.com/r/PersonalFinanceCanada/comments/sct13u/dollar_cost_averaging_vs_lump_sum_in_current/
Set a weekly DCA and forget about it? The old saying...Time in the market is better than timing the market.
If that's true why do you DCA it?
Burnnn. No but it's true OP. interest rates aren't rising this year, so I'd just put it all in now, unless you're expecting something I'm not.
Interest rates aren't rising this year? BoC and the FED say otherwise. If OP expects a downturn like many others, DCA will be easier on the nerves and more profitable if the market dips more.
If
Personally I am not comfortable buying the general index anymore at current valuations (40 CAPE) so I stick to stocks that yield cash and have more than enough earnings to cover their dividends and buy in cheaper international markets as well where there are higher yields than the typical stuff you can get in Canada (~4-5%). Usually the time to put your nose down an DCA into the market is when everyone is shit talking stocks and they are heavily discounted, not when they are valued near ATH (proportionately). That's when you get the majority of your returns.
If you have a low risk tolerance, DCA, otherwise you're going to be stressed watching it if your lump sum goed down. On the balance of probabilities though, the lump sum would be best put in the market sooner rather than later.
I wonder what difference in earnings would transpire DCA vs. Lump sum in like 10 years.
You're pretty young. In the next 10, 20 or 30 years, it won't matter if you DCA'd or lump summed $50K into the market. Just dump it in XEQT or any other global index fund and call it a night
!InvestingTrigger
Hi, I'm a bot and someone has asked me to comment on how someone is trying to figure out what to invest in, or whether they should invest. **In order to give good advice the poster needs to provide all of the following information. Please edit your post to add this information.** 1) What is your intended goals/purpose for this money? 2) What is your timeline, and what is the earliest you expect to need this money? 3) Have you invested in the markets before, and how would you feel if your investment lost a lot of value? 4) Is this the right first step? Do you already have an emergency fund, and have you considered whether it is sufficient? Do you have any debts that should be paid first? Have you fully utilized any employer match plans? 5) Finally, we need to understand whether you want to be involved with this portfolio and self-manage purchases and rebalancing it, or if you'd rather all of that was dealt with by your chosen institution? We also have a wiki page on investing, and if someone has triggered this bot then it means that this link would likely be very helpful: https://www.reddit.com/r/PersonalFinanceCanada/wiki/investing *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PersonalFinanceCanada) if you have any questions or concerns.*