What should I do with my Rollover IRA?

[Parizade]

I have $24K from a former employer's 401K that I rolled over to an IRA. Didn't pay much attention after that, but I'm realizing that it's been dead in the water for some time. How can I get this money working for me again?

[neo von retorch]

If you don't have an Investment Policy Statement, consider creating one.

* Determine your desired asset allocation
* Plug in a spreadsheet your current asset allocation (include cash in an IRA that is not invested)
* Move money between assets to rebalance to your desired asset allocation

Any specific advice would be a variant of the above. i.e. "You have too much in cash. Buy an index fund, such as Vanguard's Total Stock Market Index."

[catccc]

It might seem dead in the water because of the volatility we've seen in recent months/years.   It's possible that even if you had moved it elsewhere, it would have had the same fate.

How is it currently invested?

[Mother Fussbudget]

Everyone's asset allocation is different based on individual needs.

I've got my IRA & Roth IRA invested in 50% FSTVX (Fidelity equivalent of VTSAX), a REIT fund (40% SNH - mentioned in MMM's Lazy Landlord post @ 9.03% dividend yield!), and Vanguard's total bond fund 10% VBTLX.

[Parizade]

Thanks all, monies are now invested appropriately

[redcedar]

Thanks all, monies are now invested appropriately

That was fast. Most investment companies have great websites making it so easy to move money around. Its mostly a blessing but sometimes when we have the itch to tinker it can be a curse.

[Parizade]

Thanks all, monies are now invested appropriately

That was fast. Most investment companies have great websites making it so easy to move money around. Its mostly a blessing but sometimes when we have the itch to tinker it can be a curse.

I should have taken care of this long ago, I'm glad it was easy and fast