Retiring next year and got nervous about the economy. Panicked and had sold much of my stock funds (VTI,VUG,VGT).
Current allocation in round numbers:
200,000 Emergency Fund
700,000 BND and TBills < 1 year
800,000 VTI/VUG
800,000 cash in IRA/Roth. The MM are paying 4.XX but we know that may not last.
Desired allocation 50/50
I want to get back into the market, but how? I am OK with all at once but the market is so high now. Should I wait until there is some correction. A percent each month?
Thanks
PS No more listening to the financial "experts", they are so often wrong. The BH way is the only way going forward.
Current allocation in round numbers:
200,000 Emergency Fund
700,000 BND and TBills < 1 year
800,000 VTI/VUG
800,000 cash in IRA/Roth. The MM are paying 4.XX but we know that may not last.
Desired allocation 50/50
I want to get back into the market, but how? I am OK with all at once but the market is so high now. Should I wait until there is some correction. A percent each month?
Thanks
PS No more listening to the financial "experts", they are so often wrong. The BH way is the only way going forward.
Statistics: Posted by LaramieWind — Sun Dec 17, 2023 6:52 am — Replies 14 — Views 1299