Investing for dummies: $170,000…where to invest?

[Anonymous]

If you had an extra $170k just laying around and you were completely clueless about investing/stocks/etc… where would you invest it?

[Anonymous]

Equities. Buy the dip.

[Anonymous]

Do you have a brokerage account, 401 k, Roth IRA? Are you saving long term or do you have a need for some or all of it in the near future?

[Anonymous]

Anonymous wrote:Do you have a brokerage account, 401 k, Roth IRA? Are you saving long term or do you have a need for some or all of it in the near future?

OP here. Yes, have 401k and IRA. Don’t need the money for anything short-term. Already invested in real estate. I would like to invest in stock market but clueless about stocks. I’ll look into equities as PP suggested.

[Anonymous]

OP here again. Based on my research, it sounds like ETFs are good for a beginner like me. Any thoughts?

[Anonymous]

Anonymous wrote:OP here again. Based on my research, it sounds like ETFs are good for a beginner like me. Any thoughts?

Determine an asset allocation you are comfortable with. How much US index fund, how much international index fund, how much fixed income? How old are you? Married? Kids?Then find a low expense ETF or mutual fund that is broad. What brokerage are you with? I could give recs based on which one. For fixed income max out on I Bonds. Read Bogleheads for more advice on asset allocation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP here again. Based on my research, it sounds like ETFs are good for a beginner like me. Any thoughts?

Determine an asset allocation you are comfortable with. How much US index fund, how much international index fund, how much fixed income? How old are you? Married? Kids?Then find a low expense ETF or mutual fund that is broad. What brokerage are you with? I could give recs based on which one. For fixed income max out on I Bonds. Read Bogleheads for more advice on asset allocation.

Thank you PP for the great advice. I’m with Fidelity. I’ll start reading Bogleheads as you suggested.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP here again. Based on my research, it sounds like ETFs are good for a beginner like me. Any thoughts?

Determine an asset allocation you are comfortable with. How much US index fund, how much international index fund, how much fixed income? How old are you? Married? Kids?Then find a low expense ETF or mutual fund that is broad. What brokerage are you with? I could give recs based on which one. For fixed income max out on I Bonds. Read Bogleheads for more advice on asset allocation.

Thank you PP for the great advice. I’m with Fidelity. I’ll start reading Bogleheads as you suggested.

I have FSKAX and FTIHX at Fido. My fixed income (20%) is mostly in my 401k and TSP G Fund and some I Bonds.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP here again. Based on my research, it sounds like ETFs are good for a beginner like me. Any thoughts?

Determine an asset allocation you are comfortable with. How much US index fund, how much international index fund, how much fixed income? How old are you? Married? Kids?Then find a low expense ETF or mutual fund that is broad. What brokerage are you with? I could give recs based on which one. For fixed income max out on I Bonds. Read Bogleheads for more advice on asset allocation.

Thank you PP for the great advice. I’m with Fidelity. I’ll start reading Bogleheads as you suggested.

I have FSKAX and FTIHX at Fido. My fixed income (20%) is mostly in my 401k and TSP G Fund and some I Bonds.

Thanks PP for the info!

[Anonymous]

Put it all in VTI.

[Anonymous]

When we started, we did a mix of SPY (S&P 500 etf), SDY (dividend etf) and SHY (bonds) in our allocation %s. I've since switched to VOO moving forward in place of SPY.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do you have a brokerage account, 401 k, Roth IRA? Are you saving long term or do you have a need for some or all of it in the near future?

OP here. Yes, have 401k and IRA. Don’t need the money for anything short-term. Already invested in real estate. I would like to invest in stock market but clueless about stocks. I’ll look into equities as PP suggested.

I don’t understand these posts. Isn’t your 401k and IRA invested in the stock market? If you don’t need the money in the long term then invest it according to how your retirement money is invested. I really suggest you real the Bogleheads books and forum before doing anything with this money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Do you have a brokerage account, 401 k, Roth IRA? Are you saving long term or do you have a need for some or all of it in the near future?

OP here. Yes, have 401k and IRA. Don’t need the money for anything short-term. Already invested in real estate. I would like to invest in stock market but clueless about stocks. I’ll look into equities as PP suggested.

I don’t understand these posts. Isn’t your 401k and IRA invested in the stock market? If you don’t need the money in the long term then invest it according to how your retirement money is invested. I really suggest you real the Bogleheads books and forum before doing anything with this money.

Good advice.

[Anonymous]

Read the Elements if Investing (short, very easily digested book) or ask on the Bogleheads message boards. Basically, invest in a combination of all-stock-market, all-bond, and maybe all-international index funds. Distribution depends on age and risk tolerance. Set it and forget it until you retire.

[Anonymous]

Anonymous wrote:Read the Elements if Investing (short, very easily digested book) or ask on the Bogleheads message boards. Basically, invest in a combination of all-stock-market, all-bond, and maybe all-international index funds. Distribution depends on age and risk tolerance. Set it and forget it until you retire.

This is OP. Thank you PP for the helpful information!