DCA vs Lump Sum Investing

Hi all!

I’ve always heard how effective and safe DCA is because it spreads risk over time. Makes sense.

But I read from someone here that lump sum investing is better overall if it’s an option. Basically people DCA out of convenience because most don’t have lump sums.

In my personal brokerage account I’m 50% in cash.

In my retirement accounts I’m 35% in cash.

I’ve ended up with so much cash because I started making more money a couple years ago and never adjusted my investments, so my savings have gone way up.

I’ve just been assuming DCA would be the way to go. But should I consider a lump sum? How much?

I’m primarily invested in sector ETFs. S&P, Nasdaq, tech, consumer discretionary, etc.

Thanks for any advice!