DCA or wait for a “dip”?


Hi, I'm 18 and got a couple grand from a summer job this year. I've already invested in the S and P 500 (last year from a job (I didn't really do much research so just bought £1000 worth of spy and left it there, still a good decision though)) and plan to invest in the S and P 100, 600 and the all world index with this new money (staying away from individual stocks for now).

Anyway, I was wondering, with the intention of buying and forgetting but also with the freedom of not having to pay any bills right now, should I wait for the supposed “recession” and wait for a dip to buy, or should I just DCA over the next 9-12months?


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