Wormrider
Dryer sheet wannabe
Hi,
I have between $50K and $100K in a former company's 401K. I'd like to roll it over into my IRA but I have a few questions. Is it better to invest all of the money right away or do some dollar cost averaging? I was thinking of investing about 30% now and putting the rest in a money market IRA. Then buying say $2000 a month in the index fund.
What do you all think?
I have between $50K and $100K in a former company's 401K. I'd like to roll it over into my IRA but I have a few questions. Is it better to invest all of the money right away or do some dollar cost averaging? I was thinking of investing about 30% now and putting the rest in a money market IRA. Then buying say $2000 a month in the index fund.
What do you all think?