We moved recently and we've been sitting on ~$70,000 in cash in case it was needed as we moved, acquired jobs and settled in. Turns out we didn't need it, which is great, but now I'm itching to get it out of savings and into something useful.
Honestly, I've got reservations about where our current leadership will take our economy over the coming 3.5 years and hesitation about investing even in index funds as I'm braced for fallout at some point along the way.
I've been wondering if I should put this money toward our mortgage (currently owe ~$168,000 on a ~$278,000 home) or if we should move it over to an index fund. We have no debt other than our mortgage, both are middle class earners bringing in ~$100,000 for the household annually, and spend way less than we earn. I'm interested in any and all strategies that feel "safe" to put this money to its best use.
Anyone out there willing to help me think about this next step?