Yeah, basically most here would say keep it simple. For US equity exposure, VTI is all you need. The amount of international equity exposure to have, and the right vehicle to do it, is a debatable point, but probably one fund.There is no reason to use VTI + VOO + FXAIX. Just use VTIHi everyone, I'm looking for advice on how to invest a 550k inheritance. I'm male 38, married with 3 little kids and I don't really need the money right now so I'm looking to invest it long term for 15+ years. I make around 300k/year, my wife makes around 100k and I save 33% of my income right off the bat in the form of 401k, mega back door roth and stock purchase plan. We have a house with 250k left on the mortgage(@3%) and the current value is around $750k. We have no other debts. My job is fairly stable but I would like to Retire at 50 if I can.
401k: 520k
Cash balance plan: 140k
Equities: 650k (40k ETFs, and rest indiv stocks AMZN, META, PLTR,IRM, NVDA, GOOG, APPL, AMD, DKNG, MSFT, AMD, PYPL, COST, EPD)
529:155k
My thought is to just just put the money in a bunch of index funds and let it sit, but a part of me is torn and wants to put 100k in safer fixed income stuff, just to have some ammunition in case the market retreats near term. I honestly can't think of anything better than throwing it all into VTI or VOO, but I figure it makes sense to get some international exposure and Reits. What do you think for the following:
VTI 100k
VOO 100k
FXAIX 100k
VXUS 100k (international exposure)
KBWY 100k (REIT ETF with a dividend yield of 7.6% currently-whats the catch here?)
QQQ 50k or does it make sense to go for some bonds like BND and BNDX for diversification?
Is this good or am I overthinking it?
Also no reason to use QQQ, just use VTI again.
I would not bother with REITs. again, just use VTI.
So how about 400k VTI and 150k VXUS
There are some reasons to invest in individual stocks or multiple funds, and I admit I do so myself. But in your situation, I would recommend keeping it simple.
Statistics: Posted by psteinx — Tue Oct 08, 2024 11:07 pm