Hi everyone! I'm looking for advice on where to invest $15K in cash that is currently sitting in a very low yield savings account. I am very new to investing but have been reading this site and several others to try and gain some knowledge for early retirement/retirement savings. The idea of early retirement in 10-15 years sounds wonderful. We are working on getting our spending down from where it is currently. Quick background:
31 yrs old
Married
2 kids 3 & 1
House with a mortgage with 20 years left at 4.25%
The only retirement plan I have currently besides the fund mentioned below is the standard pension through my employer
The only investment we have currently is a defined contribution plan (similar to a 401a I think) that gets $2,700 into it now with a total of $22k sitting in it as of a couple of days ago.
My plan thus far is to max out a Roth IRA for 2013, but what about the remaining $9.5K?
Thanks!