Follow up: allocating 100k

[texastumbleweed]

I posted earlier about selling At&T for my mom.  She had half of her IRA in it, so I took the loss.  So half of her IRA is about $125k.  I'd like to now divide that up into a few ETF's.  She has an account with fidelity, so I figured I'd put the bulk in IVV, but at her age mid 60s I wasn't sure what percentage to put in what.  Also, the market has been doing so well, I know it is impossible to time the market, so should I just go ahead and get it in there or wait until a down day? Any thoughts?

Thanks so much.

[coplar]

Based on her age you will want a more conservative, bond-focused allocation. The old wisdom is "your age in bonds." This, of course, varies from person to person but she should probably be somewhere in the 50-70% bonds range...

Here is a 40-60 3-fund portfolio built with Fidelity commission-free iShares ETFs:

ITOT - 27.5%
IXUS - 12.5%
AGG - 60%