I grew up in a 'lump sum' environment, and almost NEVER had the lump sum. My Grandfather had a cousin that was an investment broker and fund manager who he invested with exclusively. Turned out, when the cousin died, that it was essentially a 40 year ponzi that allowed him to live the REALLY good life and for his 'debentures' to be essentially worthless.
I got this from one of my news gatherers today:
(I like to think of SPAC's as a great tool for people who need more action but don't understand bitcoin...)
That really is playing the long game....
The future of finance is going to get interesting to watch and be a part of, especially as the legislation fireworks start - going in both directions. Tax law is going to have to align and the definition of what investing and business is will have to change to factor in 7 billion investors all running their own business.