Recently sold a large position—about 25% of my portfolio. I’m not ready to put it back in the market just yet, but I will slowly DCA into VTSAX in the meantime.
Where am I suppose to hold this cash?
- The cash is sitting in my ROTH IRA, so it needs to stay in the account (cannot transfer elsewhere).
- My account is open with E-Trade
- Most importantly, must be risk-free; adverse to a market downturn.
- Ideally, is accessible within 24 hours.
Is a Money Market fund my best bet?
Thanks.