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Selling out, need advice
Old 12-07-2020, 02:01 PM   #21
Thinks s/he gets paid by the post
Join Date: Jan 2007
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Selling out, need advice

Originally Posted by RenoJay View Post
Congrats on biz sale. I’d come up with a diversified portfolio concept (maybe 25% US stocks, 25% international stocks, 25% precious metals and 25% cash) or something like that an dollar cost average into it over the next three years.

You might want to search the board and read some of the debates on dollar cost averaging in a lump sum being invested. There is an argument that’s been made that it’s “better” to just invest the whole thing in one shot . The bogleheads forum probably has discussions on that also
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Old 12-07-2020, 07:22 PM   #22
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Join Date: Oct 2017
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Running and selling a business owners is an American's dream. Most people seriously underestimate how hard it is.

Congratulations. And, thank you for contributing to America.
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