The Wall Street Journal this week confirmed what investors feel in their gut: Stock market volatility is intense. Between September 21 and October 10, the Dow Jones Industrial Average moved more than 1% on 11 of 13 trading days, and five of those moves exceeded 2%, the Journal article said.
This creates a dilemma if you want to invest a large lump sum for the long term. What if you enter the market and it suddenly plunges? (more…)