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Regardless of whether the entire amount was invested on that day or invested over a period of time, the portfolio rose in value if dividends were reinvested. (I intend to publish the study, which compares dollar cost averaging to lump-sum investing in the April AAII Journal).
FORBES: Invest Now Or Wait?
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This may be the wrong reason to dollar-cost average, but it feels less riskier than putting a lump sum into the stock market right now, at a time when I expect drama and volatility to increase approaching the end of the year.
FORBES: Stock market: time to go all in
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How concerned are you that the lump sum the federal government would provide to Medicare recipients would fall far short of the cost of healthcare insurance for older Americans, and make their paying for coverage a hardship?
FORBES: GOP Losing Battle, Winning War