When investing in global equities, many wonder whether it’s better to invest a lump sum right away or spread contributions over time with Dollar-Cost Averaging (DCA). Taking the FTSE All-World ETF as an example ($VWCE (+0,57 %) ), history shows lump sum investing has often outperformed, since markets tend to rise in the long run. However, DCA reduces the risk of entering right before a downturn and makes investing more approachable. The choice depends on risk tolerance, liquidity, and emotional discipline.