Hello, I have 30k to invest in a Vanguard taxable account today. Both Roth IRA's are maxed for the year (still cont. to my employer 401k at max this year) and will be moving the IRA's to Vanguard Shortly.
If it helps, I have a 350k NW with a household income of 160k/yr (married). No debt at the moment.
I am aware of the difference between ETF's and mutual funds. Can someone offer some suggestions on how I would calculate a buy-in for domestic stock/intl stock/bonds with 30k and include some suggestions on funds to invest in like VTI for example (I am open to ETF or mutual funds ). I was possibly looking at doing a 60/30/10 split at the above diversification.
Mike
Hi Mike - I have a similar scenario for myself. I have 50k or more coming to me soon (few days, couple weeks) - my income is the same as yours... I have a taxable account with Vangaurd... personally, I'm doing 100%VTSAX.. so when the check comes in, it will go straight to buy 50k more of VTSAX..
So - as others have mentioned, it's really personal and what you feel comfortable with; I won't even look at that money for 8 years or more (since my investments with Vanguard are setup as first in first out)... So the real time horizon for this money would be closer to 15 years... my guess is that it will be worth double or more by then
As I get closer to my goal, I have been thinking through how else I can diversify.. either a small internet business or REIT's in a roth... maybe individual stocks.. I don't know.. but until I hit my goal, I'm laser focused on VTSAX for now.
NWOutlier (steve)