A diversified investment portfolio concept with cash, bonds, and equity charts illustrating how diversification affects lump-sum investing decisions
Diversification

When You Have a Big Pile of Cash: Why Diversification Changes the Lump-Sum Question

Most investors who receive a windfall — an inheritance, a business sale, a bonus — immediately ask the same question: Is now a good time? It feels like the right question. It is rarely the most useful one.