longshower024 OP t1_jedgbdp wrote on March 31, 2023 at 5:26 AM

Reply to comment by nkyguy1988 in I want to invest in VT by longshower024

I'm new to investing and have always defaulted to just keeping my money in savings. Investing this sum makes me a bit nervous I guess since it's a paradigm shift for me.

nkyguy1988 t1_jedgf7g wrote on March 31, 2023 at 5:27 AM

You have to take emotions out of it and think objectively. Good investing is emotionless.

longshower024 OP t1_jedguzf wrote on March 31, 2023 at 5:32 AM

So are you suggesting that I invest the amount all at once?

nkyguy1988 t1_jedh4rf wrote on March 31, 2023 at 5:36 AM

Lump sum out performs dollar cost averaging about 65-70% of the time.