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aroominyork Posts: 3,292 Forumite

3 July 2024 at 10:23PM

Albermarle said:

Before you say it, I know timing the market is a bad idea
Many people in your position hesitate in going 'all in' in case the markets drops soon afterwards, so they feel more comfortable drip feeding the cash into the investments.
Statistics show that on average the best result is gained by investing 100% of your cash today, rather than drip feeding. However you might be the unlucky one. A compromise can be say investing 40% today, 30% in say 3 months, and the rest a bit later.
Although in theory not the ideal way to do it, you might find it easier mentally.

I agree with this. Even if you know the best theoretical approach is one lump sum, it can make for an uncomfortable sleep. When I inherited a lump sum a couple of years back I did pretty much what Albermale suggests: 40% immediately and 2 x 30% chunks later in the year. With bonds/savings now paying a couple of per cent over inflation, the amounts you hold back will be gaining in real terms and not sitting idle. Do what feels right.

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