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re: What to do with 25K (first time investor)Posted by tirebiter on 2/24/11 at 11:48 am to Chad504boy
quote:
Vanguard Mutual Fund Investing in remaining monies. Will be fairly liquid and not locked up, will do lot better than CD which is locked up.
How would he know the non-Roth funds would be up in 2-3 years when he needs the money for the house purchase?
re: What to do with 25K (first time investor)Posted by Chad504boy on 2/24/11 at 12:17 pm to tirebiter
quote:
How would he know the non-Roth funds would be up in 2-3 years when he needs the money for the house purchase?
Doesn't but he wouldn't HAVE TO buy the house at that time then.
re: What to do with 25K (first time investor)Posted by Chad504boy on 2/24/11 at 12:18 pm to Chad504boy
he can always transfer funds around to safer bond time funds anyways.
re: What to do with 25K (first time investor)Posted by tirebiter on 2/24/11 at 1:20 pm to Chad504boy
quote:
he can always transfer funds around to safer bond time funds anyways.
Look at YTM of ST and IT bond funds compared to average coupon of the funds and tell me you really think that is safe.
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