DCA instead of lump sum: abundance of caution or terrible mistake


I have about $40k I parked in SPAXX about 2 months ago, split between my brokerage and IRAs, that I set to DCA starting the beginning of this month into FSKAX/FTIHX (Fidelity mutual fund equivalents of VTI/VXUS) 70/30 in even increments every 2 weeks for the rest of the year. Is this a mistake? I know lump sum usually outperforms, but who knows, maybe this recession everyone keeps talking about will finally happen, and I’ll be happy I didn’t go all in now? Who’s to say… (That’s your cue)


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *