How I invested cash out money after refinancing our fully paid cars

Last month I re-financed our two fully paid cars with low 1.5% fixed rate for 7 years term from local credit union (DCU).

For now I have parked this cash out into VTEB tax exempt muni bond fund.

Going forward, I am planning to periodically (monthly) exchange this money from VTEB into Total Stock index fund (VTI) during next 16 months. I am hoping to dollar cost average in next 16 months and perhaps come out ahead in terms of timing (hopefully with some buy on low during some market correction in next 16 months).

Comments

  1. UnknownJanuary 2, 2022 at 3:28 PM

    This is a great advice on how to leverage Dollar Cost Averaging and avoid taking risky moves

    ReplyDelete
    Replies
    1. Ram P BhattJanuary 13, 2022 at 11:45 AM

      Yes. Dollar cost averaging is best friend for individual investors. It takes emotions out of when to invest. One can't go wrong from timing point of view with it.

      Delete

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