Where to Put the Rest of the Money?

[hoosierstache]

Hello all,

Recently the wife and I opened Roth IRAs and maxed them out.  We have money left to invest otherwise and I would like to get your opinion on what to do next.  With the market going down, I would like to be able to invest more (around 20k) in the market but am not sure of what type of account to open/contribute to.  Or...should we pay down the mortgage (15yr @ 3.125%) and take the guaranteed 3.125%?  My gut tells me the market as stocks are to be on sale.  I would greatly appreciate your feedback!  I understand this may be a little vague...just let me know what information you need. 

[Mother Fussbudget]

It sounds like you're asking the 'Investing Order' question.  Recently answered in this thread. 

[hoosierstache]

Thank you!

[Retire-Canada]

My gut tells me the market as stocks are to be on sale.

I didn't get the memo about the market going down and a big sale???

[hoosierstache]

haha well with the futures showing the market down big on election night, it was an educated guess.  Glad I was wrong.