Hello,
When I left Edward Jones to move to Vanguard, I had to sell within my IRAs so I could invest that money back into Vanguard. Well I never got around to reinvesting so it’s just sitting there in the money market. reason being, I wasn’t sure exactly which funds to invents in. This was in the beginning of the year. I definitely missed out on some gains, but now that the market is dropping, costs are lower, and it’s time to invest.
Question is, with this Coronavirus scare, do I hold off a little longer or just dive in now? I know the majority say never time the market, and this would sort of be classified as timing, but seems like it’s that it’s going to keep dropping - but for how long?
-My 3 accounts are my individual account which is 100% VTSAX.
-401k that I no longer have employer contribution
-ROTH IRA which I max first week of each year.
——I also put in an additional 10-15% of gross pay into my individual account / year
Between the two IRAs that are sitting in money market there’s about $80,000. I am 30, and was originally thinking of VASGX but now thinking I want to stick with a 3 fund like VTSAX, VTIAX, and VBTLX. AA of something like 75/15/10.
My other question is, do I enroll all three accounts into one big 3 fund portfolio, or do I keep my individual at 100% VTSAX and only enroll my two IRAs into the 75/15/10? And also, do I just call Vanguard and tell them the AA I want to go with and they take over from there?
Thank you