I have 250k in cash to enter the market.
I'm 35 years old, no debt, I own my house, 12 months reserve fund, I mean that cash is 100% available to invest.
I am planning to add USD 500 - USD 1000 each month after the initial sum is invested.
My objective is retirement.
I have two things on my mind:
- I am not fully prepared to understand everything regarding investments, (I am reading and learning a lot, several hours a day)
- I think I cannot wait until be fully prepared, it will take some time
My portfolio will be 70% Stocks 30% Bond (both ETFs) (maybe 80/20)
Decisions, decisions, decisions ...
- Entering the market at once
- At the current high I have the fear that if I enter the lump into the market, it can correct in the short time, losing a lot of value in my portfolio.
- DCA / VA
- But if I implement DCA / VA I sense the loss against inflation with the rest of the cash.
And also I have specific questions:
- Is there any instrument (like bonds), to convert my cash on and then sell them every month to implement my DCA / VA strategy?
- There is any resource to backtest my strategies?
John.