70k - straight into VTSAX?

[doneby35]

Just sold a house and decided to be a renter instead. I'll be getting 70,000 from the sale.

Age: 32
FIRE: 40 (if everything goes according to the plan)
Net worth with the 70,000: 200,000
Yearly living expenses: 25,000
Savings account: 10,000
Yearly salary: 110,000
Debt: 0

What would you do if you were in my shoes?

[I'm a red panda]

Per my asset allocation, it wouldn't all go to VTSAX, but i would split it between the 4 funds I have in my Vanguard portfolio. 

[Lady SA]

I would dump it all into VTSAX - here's an article explaining why: http://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/
As long as you have the cojones to hold it through the coming downturn (and it is coming! Just don't know exactly when), you'll come out fine on the other end.

[doneby35]

I'm glad that the results are confirming what I planned to do with the money, makes me feel much better now.

[2Birds1Stone]

$70k buys you a lot of H&B, that's my vote.