$5k to invest: Lump sum vs staggered buys?
I've just recently paid off all my student loans, and am looking to start putting my money into a simple all-in ETF (VGRO) for long-term investing.
Would I be better off putting all my money ($5k) in right now as a lump sum into VGRO, or should I stagger the payments in? After this lump-sum I'll probably contribute $200/month continuously.
Since $5k is about 2 years' worth of contributions for me, I just fear overweighting the price now and then seeing the markets pull back into recession. Should I wait it out entirely until later this year when markets are expected to pull back?