Lewys,
The best advice I can give is to just formulate a plan you can live with and then stick to it.
For example, I don't DRIP my stocks. Instead, I setup a Google calendar reminder every 5th Monday at 3pm EST to alert me to buy my best idea with the dividends that have accrued over the last 5 weeks. I choose Monday because historically Mondays are the worst performing days, so in theory I'll be buying low over time.
In your situation you may want to setup something similar: Divide your incoming capital pie into 5 or 10 or 20 slices and setup a calendar reminder for whatever horizon you're comfortable with and put a slice of capital to work on that day.
No one has the right answer to buy now or wait. Since you've already correctly acknowledged that you're going to be holding your best ideas for 30 years the current prices won't matter too much in the long run.
Formulate a plan, stick to it & execute and always look forward, not backwards.
The best advice I can give is to just formulate a plan you can live with and then stick to it.
For example, I don't DRIP my stocks. Instead, I setup a Google calendar reminder every 5th Monday at 3pm EST to alert me to buy my best idea with the dividends that have accrued over the last 5 weeks. I choose Monday because historically Mondays are the worst performing days, so in theory I'll be buying low over time.
In your situation you may want to setup something similar: Divide your incoming capital pie into 5 or 10 or 20 slices and setup a calendar reminder for whatever horizon you're comfortable with and put a slice of capital to work on that day.
No one has the right answer to buy now or wait. Since you've already correctly acknowledged that you're going to be holding your best ideas for 30 years the current prices won't matter too much in the long run.
Formulate a plan, stick to it & execute and always look forward, not backwards.