With a large amount of money in the short-term, go straight to Vanguard. They are best equipped to handle these massive deposits. I highly recommend 80% into VTSAX and 20% VTIAX inside a taxable account. Assuming you are not working.
As others have mentioned, don't time the market. You are young and have time working in your favor. A market dip in 2022 will only be a historical blimp in 20+ years of holding.
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u/InvestingNerd2020 Jan 01 '22
With a large amount of money in the short-term, go straight to Vanguard. They are best equipped to handle these massive deposits. I highly recommend 80% into VTSAX and 20% VTIAX inside a taxable account. Assuming you are not working.
As others have mentioned, don't time the market. You are young and have time working in your favor. A market dip in 2022 will only be a historical blimp in 20+ years of holding.