After a recent windfall I have decided to quit my job and focus on my health for a bit. I am thinking of it more as a sabbatical than early retirement since I plan to work again in the next few years. So far I have been DCA’ing into the following portfolio and holding the bulk of the money in SGOV. I know I have some overlap in ETF underlying holdings, open to feedback on the portfolio as well.
My question is how should I approach entering the market right now? Should I continue to DCA, lump sum it, or some hybrid approach? My worry is a drastic market pullback. I know time in the market beats timing the market but when I’m going to rely on the money for the next year or two how do you think about that in safety terms.
Finally, I plan to speak with a financial planner as well but figure I would poll the hive mind of Reddit. Thanks in advance.
Portfolio
VTI - 35%
VXUS - 20%
VIG - 10%
VNQ - 10%
FBND - 5%
FBTC - 5%
QQQM - 5%
SMH - 5%
GLD - 5%