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

Advertisement

Anonymous

06 Jan 2022

βˆ™

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 (5)

What are your thoughts?

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.

​

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.

comment

Lump sum $10k in. Then every month u need to DCA into it. Else the final amount wont be life changin...

Read 2 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Sign up or login with an email here

Write your thoughts

Advertisement