Hey guys,
I am in the process of starting what seems to be a somewhat common approach to investing long term. As discussed here, I intend to invest mainly in an ETF with global diversification and accumulating dividends ( iShares Core MSCI World UCITS ETF), and will so so with monthly contributions.
For this, my principal will be around 9000€ and my monthly contributions will be of 200€.
Now, I don't doubt that "time in the market beats timing the market", and that's why I already started with the monthly contributions and will do them at a fixed day of the month independently of the status of the market.
However, considering the current volatility caused by trump/china, I wonder if there is a more intelligent way to add my principal to the investment.
I know 9k is not a lot to many of you, but as someone taking the first step on this ladder, I wonder if I could get a better start by doing something else other than just putting it all in at once.
I'm interested in your thoughts. Should I just stick to the moto and put my principal in now? Should I wait for something in particular? Should I maybe put it in chunks over a period of time?
Thank you all in advance
Submitted May 12, 2019 at 04:55AM by airclass http://bit.ly/2W5S9Gt
