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by meric
4469 days ago
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You're timing the market if, for whatever reason, you haven't invested in the past 5 years, and now that the market is at all time highs, decide to allocate 100% of your assets into the market. I hold my suggestion to the OP, keep a portion in cash. |
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It's been shown that if you have a lump sum of money, it's most often better to dump it all in the market as soon as possible, rather than gradually buying in.
Of course you shouldn't put 100% of your money in the stock market, your advice was reasonable.