Please see my response:

We did refi in 2020 on houses and put the cash into the SP 500.

We hope to do another refi in 2021 on other houses, and put the cash into the SP 500.

We hope to do another refi in 2022 on some other houses, and put the cash into the SP 500.

We hope to do another refi in 2023 on other houses, and put the cash into the SP 500.

Etc.

Because money is invested year after year after year, we put money into the SP 500 via dollar-cost-averaging (DCA).  Some people think that DCA is only monthly.  But actually DCA can be weekly, monthly, and yearly.  This example of mine is about yearly DCA.