Author Topic: 30,000 to invest  (Read 2481 times)

davef

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  • Age: 41
  • Location: Wilsonville, OR
30,000 to invest
« on: July 30, 2015, 11:11:38 AM »
30k just freed up to invest from the sale of a rental property Where do I put it.
Is now a good time to invest it? or are we headed for a correction?
Also, Do I need to move what I have currently invested?

I have had a lackluster year in my investments only about 3% Return across the board. So I thought I'd get some help picking.
I'd like to continue to diversify, and put some in safer funds but can take risks with some of it.

I cant help but think MMM's success was partially due to the state of the economy in the 1990s and early 2000s Indexes and ETFs Have looked pretty bad the past few years...
 
I am 33, my wife is 31, so we do have the luxury of time.

We have a fidelity Investment account currently with about 30k in it:
10k FSTVX (Spartan large cap fund) 3.69% growth YTD fees .05%
10K FCNTX (fidelity low expense growth fund) 8.82% growth YTD (I know MMM despises mutual funds, but this has been one of my #1 growth assets 4 years in a row. Net fees are .64%
10k in Dividend Stocks. RDS-A and AA recently purchased
1k in a few penny stocks.

Roth IRAs are maxed out for 2015 (my wife's mirrors my own)

3k FBSOX (Technology Growth fund) 13.91% growth YTD recently purchased fees.81%
3k FSPHX (healthcare fund)  (16.76% growth YTD) recently purchased fees are .74%
3k FMEIX Mid Cap Index Fund Mid cap Index Fund. (2.64% YTD) fees .61%
3k FSTMX Total Market Index Fund (3.67% YTD) fees .61%

401K
Split between the only two low cost funds on my employers plan,
54k in FXSIX (Spartan 500 index fund) (3.57% YTD Return) fees .07%
8k FSEVX (Mid Cap Index Fund (4.09% YTD Return) fees .04%
 

humbleMouse

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  • Location: Minneapolis
Re: 30,000 to invest
« Reply #1 on: July 30, 2015, 11:43:06 AM »
The market is always heading for a correction.  That's how markets work.  If you want to make big compounded gains, put your 30k in index funds and leave it there for 20 years.  Then, people will look back and say "the only reason davef had big gains is because of the bull market of 2020-2025". 

coffeehound

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Re: 30,000 to invest
« Reply #2 on: July 30, 2015, 05:34:08 PM »
The market is always heading for a correction.  That's how markets work.  If you want to make big compounded gains, put your 30k in index funds and leave it there for 20 years.  Then, people will look back and say "the only reason davef had big gains is because of the bull market of 2020-2025".
+1.

Quit shilly-shallying, and letting your little green employees sit on their asses, smoking and drinking coffee, instead of working for you.  It is always both the best time and the worst time to invest, in comparison to some other moment in time in the past.