freedomatlast
Thinks s/he gets paid by the post
- Joined
- Oct 27, 2013
- Messages
- 1,189
Due to the proceeds of a recent sale of a house, I have about $200,000 in cash I need to get back into the market where it will start working for me instead of sitting at the credit union money market account where it is temporarily parked, earning next to nothing. I already have my asset allocation of cash at the percentage where I normally keep it, excluding the proceeds of the sale of the house.
At this point I'm looking for advice and opinions whether to put the $200,000 back into the market at my chosen asset allocation, all at once, or income average it in over 6 months, one year, or longer. Or, given the current state of the market, maybe hold more in cash than my standard asset allocation.
I could retire now, but am presently inflicted with OMY syndrome, if that makes a difference.
As always, any and all advice and opinions are welcome.
At this point I'm looking for advice and opinions whether to put the $200,000 back into the market at my chosen asset allocation, all at once, or income average it in over 6 months, one year, or longer. Or, given the current state of the market, maybe hold more in cash than my standard asset allocation.
I could retire now, but am presently inflicted with OMY syndrome, if that makes a difference.
As always, any and all advice and opinions are welcome.