Hello all, long time blog reader but new to the forum.
I recently came across $50K from selling all my vested RSUs in the company I work for (by mostly luck, I accumulated 3 years of RSUs bonuses and sold at highest the stock has ever been). I invest mostly in vanguard's lifecycle fund and I want to use the complete amount to buy more shares.
It would be a mistake to move it all at once, since I may be buying when it's high and get bad returns just because of when I have bought. So I'm trying to diversify over time, but I'm not sure how slow I should be moving the cash into shares. Do you guys have any recommendations? Why?
I thought of somewhere between 6 months and a year, but I really don't have a good rationale behind it.
Thanks for the help, specially if backed up with some explanation ;)