I'm (almost) 66 years old, recently rolled over my 401(k)s into a brokerage account ($150,000) and have started to buy Spiders. Someone suggested I buy the Spiders over a five-year period, but it seems more sensible to me to make the full investment over two years or -- perhaps -- all at once. The $150,000 is part of an $800,000 portfolio, about half of which is in other tax-deferred vehicles. Any suggestions?
Thanks to all