Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

How to dollar-cost-average with a large amount of money in a savings account?
I up voted JoeTaxpayer but i would like add a couple of things. Dollar Cost averaging over a 5 day period is in no way practical.  If you get a 1% swing in that time that would be quite a lot. Personally I think 5 years is way to long.  When markets go down they go down fast. I would suggest 1 to 2 years investing quarterly.   I would hate seeing you miss out on market gains for a 5 year period on the last of your money. The whole point of Dollar Cost averaging instead of market timing is the mantra "Its about time in the market not timing the market"  So if you have money on the sidelines for years you are missing out on your time in the market.