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re: Funds Management Advice
Posted on 1/27/15 at 10:23 pm to LSUtoOmaha
Posted on 1/27/15 at 10:23 pm to LSUtoOmaha
You are doing well. Age 25 with 40 large ones.
Looking at buying a home?
I'd drop $6000 of the cash into a health care mutual fund. Look at the Vanguard, T.Rowe or Fidelity.
Looking at buying a home?
I'd drop $6000 of the cash into a health care mutual fund. Look at the Vanguard, T.Rowe or Fidelity.
2
Posted on 1/28/15 at 6:07 am to matthew25
You likely already know this but when opening a Roth ( a great idea) make sure you max out your companies match into their retirement plan first. Meaning if they match 3% on the first 10,000 make sure you put 10K in there first before the Roth. You companies match is free money, so it automatically adds to your portfolio no matter what the market does. Once you have taken full advantage of this then load up the Roth as much as you can.
Posted on 1/28/15 at 10:41 am to matthew25
quote:
Looking at buying a home?
Not right now. Although I feel that my job is relatively safe, it does depend on the oil market, and i don't feel that buying a house right now would be a good idea.
Roth IRA probably sounds like the way to go while doing some shorter term investments with "spare" money.
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