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Learning, Sharing, and Teaching => Investor Alley => Topic started by: TeeNixx on January 04, 2017, 01:08:12 PM

Title: Sitting on cash - need to find a home for it
Post by: TeeNixx on January 04, 2017, 01:08:12 PM

Hi all,

during last year I collected $60k in a money market in my Vanguard solo401k. Reluctant I watched for an "opportunity" (stupid) to jump into the market. In hindsight, the market has climbed during the last several months and I'm sitting here with a long face. 
So the question is; just dump the money in a Vanguard date targeted fund (and don't look back for long time) or some cost averaging scheme?

No sure. Any suggestions out there?


 

Title: Re: Sitting on cash - need to find a home for it
Post by: dandarc on January 04, 2017, 01:11:43 PM

I'd dump it all in right now.

Title: Re: Sitting on cash - need to find a home for it
Post by: Cwadda on January 04, 2017, 01:16:03 PM

Dump it. For long term you'd be better off just putting it in instead of trying to market time and predict the future.

Title: Re: Sitting on cash - need to find a home for it
Post by: Retire-Canada on January 04, 2017, 03:24:06 PM

Quote from: Anders on January 04, 2017, 01:08:12 PM

Any suggestions out there?

Invest the money. Today.

Title: Re: Sitting on cash - need to find a home for it
Post by: TeeNixx on January 05, 2017, 11:28:54 AM

Thanks for your comments.
Also got inspired by jlcollinsnh.com and took the plunge and went for it all to VTSAX.

Now, kick back and leave that one alone.