I elected to accept my former employer's pension buyout offer of $15K and roll it into my 401(k) plan. If I had this in cash I would invest it over time to leverage the benefit of dollar cost averaging. But it's a rollover so I have to invest the whole lump at once.
I'd still like to leverage DCA, so I'm considering putting the entire sum into the 401(k)'s Short Term Bond Index fund, then periodically transfer smaller amounts into the 401(k)'s other funds; perhaps over a 3-5 year period. Is this a viable strategy to get the benefit of DCA? Are there reasons why I would want to do something else?