What You're Missing Out on By Dollar-Cost Averaging Your Big Windfall

Whether you recently downsized your home, received a significant bonus at work, or just received an inheritance, putting that cash to work in the stock market is one of your best opportunities to grow your wealth. Investors in that situation often hear advice to dollar-cost average into the market. Instead of investing the lump sum all at once, they may be better off investing a little bit at a time over the course of a year or two.