What are peoples thoughts on this?
I have been DCAing around £2000 a month for a while now, i will continue doing that. Its basically all ETFs.
However, I have around a further £8000 a month to invest and around £100k in cash.
The £8k PM will grow exponentially unless a train runs me over(recession!?)
I don't really know what to do with the £8000 PM and the Cash.
- One option is to DCA the £100k evenly and plunge the £8000 a month on a DCA basis,
- Risks is that its a 10 year recovery and it makes me sad
- We are no where near the bottom and I should have dry powder to buy under priced stocks at a later date
- DCA removes all thinking and i could be laughing in 5-10 years.
- Diversify with alternatives with that amount
- Farmland
- other stuff?
- Put it in a savings account at around 5%
- Boring
- Mitigates loss to inflation despite still losing
- Do not invest £8000PM and £100k, instead use it as dry powder when distressed assets (houses, commercial property, businesses) become available at lower prices
Obviously, we do not know if we are anywhere near the bottom or what the recovery will look like. Over 5,7 or 10 years? At the same time the money is unproductive and losing value.
To put this in context, i am 30 and my horizon is at least 10 years.
Does anyone have any suggestions.
Submitted September 30, 2022 at 05:39AM by Btamaster https://ift.tt/1b0DgEK
