Just learning about investing, so looking for some advice.
My husband and I are about to sell the house we lived in for 3 years for a nice little profit. After realtor fees and transfer tax, we should walk away with a $125K check, which feels awesome. We are already have some investments in VFINX and a Vanguard 2050 retirement fund, but I'm considering changing these investments because we now plan to retire WAY before 2050 and when we made these investments, we didn't really know what we were doing. Truth be told, we still don't really have a solid feel for this, but that's why I'm writing this email. Book and article recommendations welcome!
We've got two debts right now - $10,000 on a car loan, which we are definitely paying off as soon as we get the check, and our mortgage. We've agreed we don't want to pay off our mortgage early since it's a 15 year with a 3.125% interest rate. We think we can do better investing in the market.
Since we're new-ish to investing, which Vanguard accounts do you recommend? And also, how do you find out what your annual rate of return is on those investments?
Thanks! Jeannie