How should I make a large (to me) fund purchase for my IRA?
March 5, 2014 2:04 PM Subscribe
I have about US$20000 to invest in a total stock index fund in my Roth IRA. What is the best strategy for this purchase? Should I just purchase it all at once now or over some set schedule?
posted by sevenless to Work & Money (7 answers total) 3 users marked this as a favorite
I'm not sure what other details are pertinent. The $20000 is already in my Roth IRA brokerage account. I've adjusted my Roth IRA contributions so I'll be contributing regularly to the index fund. My Roth IRA is only a portions of my savings, and I believe adding the index fund investing is an appropriate level of risk for me right now.
I know we can't predict the future, but I'm just wondering if there is an optimal strategy for this sort of purchase.