The Globe and Mail reports in its Saturday edition that the Dow notched an all-time high on Tuesday, the S&P 500 index saw eight straight weeks of gains for the first time since 2017 and the S&P/TSX Composite Index is having its best run of the year. The Globe's Tim Shufelt writes that long-term government bond yields in Canada and the United States have seen huge moves downward, which translates to higher bond prices. What is a cash-heavy investor to do? Wait for a better entry point? Ease your money into the market gradually? Either would be a mistake. Research shows that when you have a lump sum to invest, the best move is to do it all at once, right away. That would be a pretty abrupt change for those who have been stuffing their money into savings accounts and GICs. Since February of 2020, Canadians have shovelled $260-billion in excess savings into term deposits, including GICs. However, just plowing that money into the market might feel a lot like "buying high." Not necessarily, Mr. Shufelt says. The alternatives to investing your money in a lump sum are dollar-cost averaging or buying the dip. Studies show that the gains you forfeit while waiting for the right moment outweigh the benefits of buying low.