My Roth and spousal IRAs are maxed for the year, all in SPAXX, and I’ve moved $15k of “emergency money” out of a HYSA into my brokerage account, also in SPAXX, which is paying higher interest currently. I have 25k in I-bonds that I have could cash out at any time and consider as part of my emergency funds.
Should I be transferring out of SPAXX and into my target 60/30/10 VTI/VXUS/BND allocation in 6 equal installments over the next 6 months, or since it’s May, stay away until October, or whenever the bottom falls out of the market, like everyone keeps saying it will? My brain says the DCAing is the better choice, but my gut says market timing isn’t a terrible idea when there’s a high chance everything will be on sale within the next few months.
Leave a Reply