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Author Topic: Sitting on cash - need to find a home for it  (Read 1892 times)

TeeNixx

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Sitting on cash - need to find a home for it
« 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?


 
« Last Edit: January 07, 2020, 12:06:28 PM by TeeNixx »
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dandarc

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Re: Sitting on cash - need to find a home for it
« Reply #1 on: January 04, 2017, 01:11:43 PM »
I'd dump it all in right now.
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Cwadda

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Re: Sitting on cash - need to find a home for it
« Reply #2 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.
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Retire-Canada

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Re: Sitting on cash - need to find a home for it
« Reply #3 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.
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TeeNixx

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Re: Sitting on cash - need to find a home for it
« Reply #4 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.
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