Introduction
I just transferred from NYCB to Ameritrade IRA account $16,000 US dollar, I have to work on the task to put money into stock market this weekend. What is the risk of growth index fund? How much percentage I should allocate to 10+ year growth fund. It is so challenging but I like to work hard on this task.
Idea 1
I like to propose the idea to apply 30% into those growth fund, around $5,000 dollars one time in the market. One idea is to put those funds into market over next 12 months, so I can practice dollar cost average and reduce the cost.
Idea 2
I need to put 10+ growth fund into Vanguard account since it is free to purchase and sell Vanguard fund.
$5,000 dollar into growth fund, so I can follow up if market crashes next 12 months.
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