facebookHi! I would like to invest in S&P500 for long term as part of my portfolio. Would it be wise to put $10k towards this? Would like to hear your recommendation for a newbie into investing. Thanks all - Seedly

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Anonymous

06 Jan 2022

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General Investing

Hi! I would like to invest in S&P500 for long term as part of my portfolio. Would it be wise to put $10k towards this? Would like to hear your recommendation for a newbie into investing. Thanks all

I am 31 years old, able to take risk.
Goal is to start investing this year, thought to set aside one part to track S&P500.

What ETF (usd?) would you recommend & would it be dca or lump sum? Need to weigh if fees make sense too, going to use Interactive brokers.

Discussion (6)

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Regarding the investment strategy, whether you choose Dollar Cost Averaging (DCA) or Lump Sum investing depends on your personal preference and risk tolerance. DCA involves investing a fixed amount regularly over time, reducing the impact of short-term market volatility. Immaculate Grid Lump Sum investing involves investing a larger amount at once, potentially benefiting from long-term market growth.

Sorry to hijack this thread, im intetested in lumpsum in s&p and then dca 500 monthly...but where do i start? im applying for ibkr.

A comparison of DCA $1k/mth vs Lump sum $10k, (very short term) into $SPY.

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In very long term, ma...

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