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Learning, Sharing, and Teaching => Investor Alley => Topic started by: kayak3 on December 23, 2017, 01:37:36 PM

Title: invested 50K into a SEP account, now what
Post by: kayak3 on December 23, 2017, 01:37:36 PM

Hi last time in the market was in the 90's lost a lot in crash, said never again.

But never say never, my CPA wanted me to defer 50K, I opened an account in Vanguard 2 weeks ago, been studying their site, but not simple to pick.

I'm over 60 and plan on earning 120-135K a year, so any with drawals will not occur for a while, no problem with risk level of 4 or 5. I'll sleep fine.

I see stock funds in the 12+ return levels, but the bond returns at 3-4% look like not worth the trouble or are there higher rate bonds to consider that aren't junk.

Any guidance or suggestions?

I want to spend a few weeks getting up to speed before investing 50K a year


Thanks

Title: Re: invested 50K into a SEP account, now what
Post by: droh82 on December 25, 2017, 08:27:39 PM

Quote from: kayak3 on December 23, 2017, 01:37:36 PM

I want to spend a few weeks getting up to speed before investing 50K a year

Read entire stock series at http://jlcollinsnh.com/stock-series/ then get VSTAX =)