Hi Everyone, hope you all are well,
I recently sold my house and have some money to 'buy and hold" in the stock market.
which is the best way to go about this?
I am thinking I should invest 5% in an s&P 500 index now (the market has fallen 30% off it's all time high) and then an additional 5% every month until the money is fully invested into the market (about 20 months total).
of course, there is also the option of dumping it all into an S&P index when I feel I am getting a good bargain or maybe a combo of this and the aforementioned strategy?
I realize Stock investing is not the same as my KO Blackjack. Sometimes, however there are some good advisors here
thanks!
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