Hey! I'm getting married early summer. I sold my house, moved in with my fiancé and have around 50k in cash from the sale. She owns a house and I’m paying her “rent” but we plan to purchase a new and/or build a house within 4-5 years together. Children are also in the plans sooner than later … Any thoughts on what could be done with the extra 50k to invest? Below are my current assets and our combined income is around 200K. Thanks!
ASSETS
VANGUARD Roth IRA ) (Contributing Max/Yr)
Total Stock Market Index Fund (VTSAX) ---> $41,176
Total International Stock Market Index Fund (VTIAX) ---> $11,537
EMPLOYEE 401k (Contributing 5%)
Roth 401K (2050 Portfolio) ---> $32,764
TD AMERITRADE
American Funds Capital World Growth and Income Fund® Class F-1 (CWGFX) ---> $4,500
American Funds SMALLCAP World Fund® (SCWFX) ---> $3,000
Various Individual Stocks ---> $7,000
PROPERTY
Car ---> $1,800 << Remaining Loan
CASH
Emergency Fund ---> $11,000
Extra Cash ---> $50,000