My husband and I are only a year or two from retirement. We are the "traditional" retirement age. I recently sold some stock that we were talked into a few years back. It hasn't done well (an understatement!), and by selling it, we will probably break even.
We have a comfortable amount of retirement savings, that we wouldn't need these funds to be available for 5 to 10 years. We have no debt. What to do?? I think we can afford to be a little aggressive with this money when/where we re-invest it.
I see a lot of talk on here about Vanguard Funds. I've looked at a couple, one in particular being VTSAX. So a couple questions: Best way to invest approx $20,000 given our ages and other info ?? A reasonable family of funds to look into?? Am I WAY off the mark looking at VTSAX? Other funds/family of funds I should be researching ??
Our current investments are probably mid-rage with volatility. And are slowing being changed into less volatile areas.
I'd appreciate any suggestions or thoughts. Thanks.