[quote=bobby]I am just sorry I took all my money out 2 years ago. The stupid bank required my assets to be “liquid” to approve the loan. the fact that it was in stock was not allowed. I have been waiting to go back into the market but for the past two years, the price had been sooooo high. I’m just hoping for 12,500. not sure if that will ever happen.[/quote]
Yikes.
Have you considered dollar cost averaging back in? Waiting for a specific target is kind of a crap shoot.
Lets say you have $120k on the sidelines. Decide the period over which you want to re-invest. Lets say it’s 1 year. (The DOW is very unlikely to go as low as 12500 in the next year.) Each month, invest $10k in an investment of your choice – that fits your overall asset allocation. Rinse and repeat each month till it’s all invested.
In this ZIRP environment, money on the sidelines is not earning anything.
