Key Rules For Lump Sum Investment In Cork
What is your lump sum size with respect to your current savings? ď ˝
If it is 20% or less than your savings, just invest it as per your current investment policy.
Is your lump sum from an employer pension plan? ď ˝
If yes, the cash must have been in stock recently. So put it back.
Is your lump sum from the sale of a property? ď ˝
Invest half in the current market and DCA the other half over the next couple of years.
Did you inherit or win your lump sum? ď ˝
In either ways, invest 40% now and DCA the other 60% over the next 3 years.
ď ˝
Follow the above key rules for lump sum investment in cork.