I received a large, relative to my entire portfolio, sum of money through a real estate transaction. I will be about 60% cash, and I am trying to deploy that into the market. My strategy is to basically DCA most of it into funds and blue chip stocks over the next few months then keep some reserved for any dips and opportunities.
I am hesitant because we are at all time highs again. What do you think, should I just trust the plan to alleviate anxiety? Or wait for another dip?
Goal is to 10-20X in the next 10-15 years. Currently at $300k in cash and equities, contribute about $50k/year.
u/International-Move43 — 7 days ago