All of my funds from my retirement savings account and children's education account are currently in cash as I just switched them over from another institution. I typically purchase ETFs, and some GICs for the education account.
WWYD? I'm located in Canada and don't plan to purchase any US equities (for various reasons).
Time horizon is 6-16 years for the education account (I have 3 children) and 15-20 years for the retirement accounts.
Would you reinvest all of it right now? Wait it out a bit? Dollar cost average?
I'm more willing to take on risk for the retirement account as I also have a defined benefit plan.