>I read a lot of information stating the market is oversold currently
If that was a concern why didn't you cash out your 401k positions before now?
Rolling over an account is not a trigger for a change in investment strategy.
Market timing: https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-cost-averaging/ https://reddit.com/r/personalfinance/comments/104duhi/_/j34dv91/?context=1
All time highs: https://awealthofcommonsense.com/2024/02/all-time-highs-usually-lead-to-more-all-time-highs-in-the-stock-market/ https://awealthofcommonsense.com/2020/12/investing-in-stocks-at-all-time-highs/
I just lump summed most of mine from one fund to another. Dont care if its all time high since I have 15-20 years. If it isn't up by then we've got a lot of other problems.
I just rolled over $238k from an employer plan and bought an s&p fund all at once. I’ve lost too much money trying to DCA large amounts. I won’t need that money for another 15 years so the faster it can get to work the better.
You may find these links helpful:
- [General Information on Rollovers](/r/personalfinance/wiki/retirementaccounts/rollovers)
- [401(k) Fund Selection Guide](/r/personalfinance/wiki/401k_funds)
- [Retirement Accounts](/r/personalfinance/wiki/index#wiki_retirement)
- ["How to handle $"](/r/personalfinance/wiki/commontopics)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/personalfinance) if you have any questions or concerns.*
The theory behind dollar cost averaging (DCAing) a lump sum over a year or so is that you don’t risk buying everything at an all-time high, and by taking a while to get the whole amount in, you even out the high/low bumps.
The theory behind lump sum is that time in the market (get everything in as soon as you can so it’s in longer) beats timing the market.
Both sides have their proponents.
Personally, I’m on Team Lump Sum. Just get everything into well diversified funds and forget it until time for your next check up.
https://www.bogleheads.org/w/index.php?title=Dollar_cost_averaging#Dollar_cost_averaging_versus_lump_sum Lump sum it all.
>I read a lot of information stating the market is oversold currently If that was a concern why didn't you cash out your 401k positions before now? Rolling over an account is not a trigger for a change in investment strategy.
Market timing: https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-cost-averaging/ https://reddit.com/r/personalfinance/comments/104duhi/_/j34dv91/?context=1 All time highs: https://awealthofcommonsense.com/2024/02/all-time-highs-usually-lead-to-more-all-time-highs-in-the-stock-market/ https://awealthofcommonsense.com/2020/12/investing-in-stocks-at-all-time-highs/
I just lump summed most of mine from one fund to another. Dont care if its all time high since I have 15-20 years. If it isn't up by then we've got a lot of other problems.
I just rolled over $238k from an employer plan and bought an s&p fund all at once. I’ve lost too much money trying to DCA large amounts. I won’t need that money for another 15 years so the faster it can get to work the better.
You may find these links helpful: - [General Information on Rollovers](/r/personalfinance/wiki/retirementaccounts/rollovers) - [401(k) Fund Selection Guide](/r/personalfinance/wiki/401k_funds) - [Retirement Accounts](/r/personalfinance/wiki/index#wiki_retirement) - ["How to handle $"](/r/personalfinance/wiki/commontopics) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/personalfinance) if you have any questions or concerns.*
The theory behind dollar cost averaging (DCAing) a lump sum over a year or so is that you don’t risk buying everything at an all-time high, and by taking a while to get the whole amount in, you even out the high/low bumps. The theory behind lump sum is that time in the market (get everything in as soon as you can so it’s in longer) beats timing the market. Both sides have their proponents. Personally, I’m on Team Lump Sum. Just get everything into well diversified funds and forget it until time for your next check up.