Anyone else sitting on too much cash? What’re your plans this year?

I know /r/Bogleheads would cast me out, because they’d say I should just set it and forget it and park it in index funds for the long term. Not a bad plan.

But here I am with a significant amount in cash sitting in SPRXX (Fidelity money market fund), waiting for “true bottom” like a bunch of other noobs with crystal balls. I won’t need the cash for 30 years, but I’m also advising my mom, who’s got even more cash from a recent windfall with more like a 10 year horizon.

Any of you in a similar boat? Doing something smarter? Just curious where others are at right now.