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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: Baltassar ✧  😊 😞
Number: of 6243 
Subject: Re: Need advice for transitioning to Index funds
Date: 12/11/25 3:57 PM
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Given that the motive is family, I'm not sure I'd do anything especially protracted. There will almost certainly be better "buying opportunities" in the future, but good buying opportunities are usually attended by lots of pessimism, so if you're not sure you'd be willing to pull the trigger when everybody is telling you not to, I'd just go ahead and get it over with. I wouldn't bother with spreading out purchases from here. There's no reason to think the average price you pay will be especially better.

I will put in a plug, though, for a fund that I chose some years ago as a long-term holding, in lieu of RSP: Invesco's "growth at a reasonable price" [GARP} ETF, SPGP.

"The Invesco S&P 500 GARP ETF tracks an index that targets growth at a reasonable price. The index selects the 75 growth stocks within the S&P 500 that exhibit quality characteristics and have attractive valuations. Growth is measured as three year earnings per share, sales per share. Quality and value are assessed by looking at leverage, return on equity, and earnings to price."

invesco.com - Invesco sp garp ETF

Good luck,

Baltassar

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This community has written 6,227 posts about Mechanical Investing. The article-length ones it recommended most:
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