Looking for how best to invest proceeds from the sale of an investment property

[Stephanie Ridgway]

Hi, I'm reposting this - it was formerly  in the Personal Finance section.  Someone suggested I put it into the tax forum:

Hello, hoping some of you may have a recommendation for me/ can point me in the right direction. We have a duplex in Boulder, CO that is under contract to sell 11/24/25. We will net about $875k in proceeds after taxes ($266k). Our plan is to put the tax portion into a high yield savings account until it's time to pay it out.

We would like to transfer the $875k into a taxable brokerage account by dollar cost averaging over 10-12 months. Planning on investing in a blend of ETFs, some gold/ silver ETFs, etc. (essentially following Frank Vasquez). I was thinking of putting the uninvested lump sum into a high yield savings account until it's ready to be shifted into ETFs. My husband is thinking it would make more sense to put the lump sum into gold until it's ready to be shifted into the diversified ETFs. Curious what you all think.

As a side note, the bulk of our net worth is currently in real estate with about $550k in Roth IRAs. We are selling this property to diversify our assets and so we can have more liquidity with our assets as we have 2 kids entering college in the next few years. We are in our early 50's, with the goal to retire in about 10-14 years. We have looked into DST's/ 1031 but prefer liquidity over tax savings on this transaction.

Thanks!