Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi everyone.

Welcome back to another episode of Ready for Retirement.

I'm your host, James Cannell.

And we're going to be talking about something today that my guess is something you've asked yourself before.

If you've ever had a chunk of money, whether it was from a bonus or whether it's from a windfall of some type, you've asked yourself before. If you've ever had a chunk of money, whether it was from

a bonus or whether it was from a windfall of some type, you've probably asked yourself the question,

should I invest this all at once or should I invest it gradually over time, which is called

dollar cost averaging? And what we're going to be talking about today's episode is what makes

more sense? Should you invest everything all at once?

Or should you invest gradually smaller chunks of that money over time and more gradually get

that money invest in the stock market?

So the real question behind this all, or the real concern I should say behind this all

is we fear that if we invest the money all at once, if we put all of our money, all

the lump sum that we received in the stock market all at once, well, what happens when

the market falls 20%, 30%, 40% or more?

Well, we're kicking ourselves.

We're saying, gosh, if I had only waited and if I only put that money in later, once the

market already fell, I would be in a much better

position because they can then buy the shares at a lower price. And as the shares recover, as the market recovers, then that's actually a gain for me. It's not just getting back to break even. Or you tell yourself, okay, if I spread this out, if I put in a little bit at a time in the market drops, well, then I'm not

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