Author Topic: Where to Put the Rest of the Money?  (Read 1441 times)

hoosierstache

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Where to Put the Rest of the Money?
« on: November 09, 2016, 05:53:41 AM »
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

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Re: Where to Put the Rest of the Money?
« Reply #1 on: November 09, 2016, 05:48:22 PM »
It sounds like you're asking the 'Investing Order' question.  Recently answered in this thread. 

hoosierstache

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Re: Where to Put the Rest of the Money?
« Reply #2 on: November 11, 2016, 10:19:21 AM »
Thank you!

Retire-Canada

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Re: Where to Put the Rest of the Money?
« Reply #3 on: November 11, 2016, 10:48:18 AM »
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

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Re: Where to Put the Rest of the Money?
« Reply #4 on: November 11, 2016, 11:26:25 AM »
haha well with the futures showing the market down big on election night, it was an educated guess.  Glad I was wrong.