Maybe you recently got a bonus from work, or -- perhaps even better -- an inheritance from a relative. Whatever the case, if you find yourself with a lump sum of cash that you'd like to invest, a question should come to mind: do I invest it all at once, or do I phase it in over a period of weeks or months?
Many may be fearful that if they invest the amount in a lump sum, the market will take an immediate downturn. Or if they phase their investment in over a period of time, it will do the opposite and they'll miss out on gains. How do you deal with this dilemma?
It may just be a matter of knowing what your true options are. Find out more from podcast host Johnny Dean and "Professor" Rick Plum, CFP® in this week's episode of Managing Your Financial Future!