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REDDIT
I just opened a Roth IRA account, should I max out my contributions immediately or DCA?
↗ https://reddit.com/r/investing/comments/1iy3ecy/i_just_opened_a_roth_ira_account_should_i_max_out/
I know there seems to be uncertainty in the market. I have a 401k through work and finally decided to open up a ROTH IRA. I’m waiting for my bank to link to the account and put in my 2024 contribution before April.
What I’m wondering is for my 2025 contribution should I lump sum hit my $7000 cap at once or should I DCA throughout the year since people are thinking the market is going to drop.