06 Jan 2022
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.
A comparison of DCA $1k/mth vs Lump sum $10k, (very short term) into $SPY.
In very long term, market index always go up. So is good to lump sum. Even for robo.
Other then picking the correct Instrument to buy, how u put your $$$ in the market will also affect returns.
Write your thoughts