Need to Re-Deploy ~$120K USD Back Into the Market… Advice on Funds and Timing?


Hello,

I recently was going to purchase a home, and liquidated various investments of around $120K USD to use for the down payment. The purchase fell through, and long story short I am no longer seeking to purchase property for now. Understanding the market is volatile and uncertain right now, what is the best way for me to re-deploy this cash into the market? I don't want to sit on it for too long given inflation, and I already have a decent emergency and retirement fund in-place.

I'm looking for advice on how and when I should re-invest the funds.. should I try to dollar cost average in even portions over a 6 week period or something along those lines? I'm currently in these 2 Vanguard funds with other investment money, and I'm open to putting this money there IF it makes sense (VASGX: Vanguard LifeStrategy Growth Fund & VTSAX: Vanguard Total Stock Market Index Fund Admiral Shares).

I use Vanguard so it would be nice to use fund(s) that are on that platform if possible.

I know that no one has a crystal ball, but just looking for general advice on mutual / index funds I should consider, as well as how to purchase in terms of timing (lump sum, DCA, or some other strategy).

Thanks in advance!


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