I have a decent amount of savings and don’t really need the money right now. I also have a mortgage with a low interest rate, so I’ve been thinking it makes more sense to invest the savings for a better long term return.
I’ve been reading Bogleheads for about 6 months, following the market and news, but it constantly feels like “now is a bad time.” I know the advice is usually *time* in the market > timing the market, and that lump sum often beats DCA but it’s a large amount and I’m honestly uncomfortable pulling the trigger.
People around me keep saying it’s all time highs and too risky to get in, which just adds to the analysis paralysis. It’s a new year and I don’t want to waste another 6 months doing nothing, but I’m also scared of making the wrong move.
Any tips or insights from people who’ve been in a similar spot? I’m wondering if getting a mentor, advisor, or someone experienced to talk it through would help, anyone tried that?