Convert or Save.. That is the question!
After typing all this out, i realize it's like a 6 part question, with some apparent market timing thinking in it.. I will apologize in advance!
I'm in my accumulation phase, being ~10 years from ER. I currently DCA with my bi-weekly Roth 401k contributions (to the max) AND bi-weekly purchases in my Taxable account.
My tIRA is about 2.5x's the size of my rIRA. I have been covering bit by bit over the past few years. My AA across the board is 98 equities/2 cash.
I will receive $6k in Child Tax Credit for 2019 - my withholdings don't account for the credit, so I anticipate that whole amount coming to me in Feb/Mar 2020 via my refund.
Knowing that we are "somewhere" "near" (maybe) the "top of the 'cycle'".. would you:
A) Discontinue the Taxable DCA, and pile up the cash (to include the $6k), until a time that the market is at a lower price than today.
B) Continue the Taxable DCA, and only hold the $6k until said future date.
C) Discontinue the Taxable DCA, and pile up the cash, until said future date. Use the $6k to cover taxes on a Roth Conversion - not to go above my current bracket.
D) Continue the Taxable DCA, and use the $6k to cover the taxes on a Roth Conversion - not to go above my current bracket.
E) Stay the course..