What can I do with 100k that I'm waiting to invest in ~2 months?
So I just invested ~250k in my RRSP and TFSA.
I have a remaining 100k sitting in my non-reg online brokerage account.
I'd like to wait 1-2 months before investing it to "diversify my timing" a bit and I like keeping the opportunity of investing another significant amount in case the market drops again shortly.
Also, there's a possibility I may need 20 to 30k of this money later this year.
This 100k is currently sitting in my online brokerage non-reg. account doing nothing.
Would you just let this money like this or is there a product with no short-term trading penalties and very low stock % that could be useful in this situation?
Any major downside of dumping all of it in VAB for example? Or is it to correlated to the market and would cancel my initial intention of "diversifying my timing"?