What to do with a large cash position

jjp · #1 12-04-2006, 05:46 PM

My sister has a large cash position (mostly retirement funds) after selling off some proprietary, high fee funds that her former financial advisor sold her.

She is 44, single, owns her own home, makes $100k or so. She has sat on her cash (in a moneymarket account) for almost a year, but has been waiting for a market dip to get back in.

Should she wait any longer, or start dollar cost averaging?

I'll put up a poll just for fun.

SlowHabit · #2 12-04-2006, 05:53 PM

If she has no use for the cash in the near future (within at least 5-7 years), get it in. And get it in quick.

View Poll Results: Do you play good hands at the start of a tournament and risk being beat by a retarded hand or leave
Play, it's death or glory!	74	78.72%
All good things come to those who waits!	20	21.28%
Voters: 94. You may not vote on this poll

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