Instead of cash, I hold treasuries. The rest is spread out among low holding cost index funds (watch out for fees... they will kill your profits) and use dividend re-investment. Split things between tax advantaged and non tax advantaged depending on your short and long term goals (ask a certified financial advisor with fiduciary duty for strategies that work for you. It's worth the small fee)

Every time the market takes a crap, I buy. I rarely sell. Keep enough cash or near cash assets in a no penalty account(s) to cover unexpected costs so aren't forced to sell.

A luxurious set up for sure (which took about a decade to get set up) but it's repeatable and fairly stable.

Now, if you have real wealth (like $10s of millions of liquid assets) then look to setting up a MFO or SFO and focus on tax efficiency, etc. That's a whole different set of strategies.

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baxtr 4 days ago | parent [-]

Interesting.

So US Treasury securities instead of cash right?

And then every time there is a dip, sell the treasuries and buy ETFs?

	▲	FuriouslyAdrift 4 days ago \| parent [-]
		Sure. Dollar cost averaging across a broad spectrum works well for a (very) conservative investor. I try never to have more than 10% of my liquid assets in speculative deals (straight up gambling stuff... individual stock picks, day trading, options, etc). The rest I try to keep as long term investing and/or cash or near cash.