<prompt> Human: ... as opposed to waiting until later in the weekmonthyear to drop the lump sum or contributing in a dollar cost averaging fashion throughout the year.The way I see it:Pros1. Interest starts immediately2. Its done and over with for the yearCons1. Even though timing the market is very difficult and should be shunned, buying on January 2nd could potentially be a particularly bad time2. The regular potential pitfalls of lump sum investingAny thoughts?  <response>: Pros:1. Lump Sum investing beats dollar cost averaging 66 of the time.Even though timing the market is very difficult and should be shunned, buying on January 2nd could potentially be a particularly bad timeIt could also be a great time. Go back and look at 1213.The regular potential pitfalls of lump sum investingThis is rather vague. You cant just list this, you have to list the exact pitfalls. 