The Personal Finance Podcast Should You Invest All Your Money at Once or a Little Each Month? (Dollar-Cost Averaging vs. Lump Sum Investing!)
91. Should you Invest all your money at once or a little each month? (Dollar Cost Averaging vs. Lump Sum Investing)
Studies:
- https://www.deseret.com/1997/6/29/19320793/lump-sum-pays-more-than-gradual-investment
- https://ofdollarsanddata.com/dollar-cost-averaging-vs-lump-sum/
- https://static.twentyoverten.com/5980d16bbfb1c93238ad9c24/rJpQmY8o7/Dollar-Cost-Averaging-Just-Means-Taking-Risk-Later-Vanguard.pdf
FREE GUIDES:
==============
-Check out the free guide on where to put your money in what order!
https://www.mastermoney.co/stairway-to-wealth
-Here is the free How to Ask for A Raise ebook!
https://www.mastermoney.co/get-a-raise-ebook
-Get Access to the 75 Day Challenge: https://www.mastermoney.co/75daychallenge
=============
We have a YOUTUBE channel! Check it out here!
Our Latest Videos:
5 Index Funds to Hold for Life!
What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!)
How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?)
============
Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.
============
Sponsors:
- Thank you to Better Help for sponsoring the show! Check them out at betterhelp.com/pfp
- Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com
- Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp
- Thanks to Ladder for Sponsoring the Show. Go to Ladderlife.com/pfp
- Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance
- Thank you to Hello Fresh for sponsoring the show! Go to Hello Fresh and use code PFP16 for 16 free meals and 3 free gifts.
============
Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!
============
Today We Discuss:
- Is it better to invest all of your money at once or a little bit at a time?
- Is it better to dollar cost average or lump sum invest?
- What do the investment studies say?
- When it is best to dollar cost average.
- When it is best to lump-sum invest.
============
Episodes Mentioned More Episodes You Will Love:
The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!)
How to Set Money Goals You Will Actually Achieve
How to Read a Book Per Week (My Unbelievably Simple System!)
How To Prevent Lifestyle Creep (Lifestyle Inflation)
============
Check out all the Stuff I Recommend!
USEFUL RESOURCES:
- Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1
- My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L
- Best Online Bank: https://bit.ly/3ENRIDu
- Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE
- Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09
- Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml
- Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books
============
DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
============
Check us out on social fam!
www.thepersonalfinancepodcast.com
Learn more about your ad choices. Visit megaphone.fm/adchoices