How to invest a lump sum?

Should you wait for the crash?

Summary

• If you have a cash pile, should you wait for the crash to invest, just invest it right now or dollar-cost average?

• Theory and real life are different and human psychology is very imporant.

• We look at the results of three approaches: market timing, dollar-cost averaging or lump-sum investing

• I explain what dollar-cost averaging on steroids is

• Even if …