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Message
Looking for some advice (Investing)
Posted on 9/10/26 at 10:05 am
Posted on 9/10/26 at 10:05 am
I am inheriting some money (about $100,000).
Situation:
Me - 37
Wife - 29
Combined income roughly $140k-$150k
Only debt is her students loans (That aren't getting paid off anytime soon).
She has a 401k from work (Only a couple of years and not even sure how much exactly is in there)
about $30,000 in savings
I want to invest this for 25-30 years towards retirement. My wife wants to talk to a financial advisor. So my questions are:
Is there a financial advisor company that is more trusted than other or are they all going to tell you the same things? Is it more individual based or company based when you are making a decision?
Are they just going to set me up with a diversified plan of mutual funds to set and forget? Is that ideal? I feel like I should be more aggressive with our ages?
What questions should I ask when we meet with financial advisors before we lock in anything?
I appreciate any help. Just trying to be prepared and make sure I do this correctly.
Situation:
Me - 37
Wife - 29
Combined income roughly $140k-$150k
Only debt is her students loans (That aren't getting paid off anytime soon).
She has a 401k from work (Only a couple of years and not even sure how much exactly is in there)
about $30,000 in savings
I want to invest this for 25-30 years towards retirement. My wife wants to talk to a financial advisor. So my questions are:
Is there a financial advisor company that is more trusted than other or are they all going to tell you the same things? Is it more individual based or company based when you are making a decision?
Are they just going to set me up with a diversified plan of mutual funds to set and forget? Is that ideal? I feel like I should be more aggressive with our ages?
What questions should I ask when we meet with financial advisors before we lock in anything?
I appreciate any help. Just trying to be prepared and make sure I do this correctly.
This post was edited on 9/10/26 at 10:06 am
Posted on 9/10/26 at 10:10 am to 03 West CoChamps
Any other debt in addition to the student loans? You don't need a financial advisor IMO.
Posted on 9/10/26 at 10:11 am to 03 West CoChamps
quote:They're going to let a computer make trades for you and then charge you for it.
Are they just going to set me up with a diversified plan of mutual funds to set and forget? Is that ideal? I feel like I should be more aggressive with our ages?
Start doing your own research or just buy SCHB.
In fact, it's hard to go wrong with a 70/30 SCHB and SCHD mix.
If you'd like to get a bit cuter look at QQQ or some Vistashares sectorwide ETFs like AMMO, AIS, or POW.
Once you start learning more you can pick a few individual stocks.
Congrats. Y'all are doing great.
edit: What are your wife's hesitations? Lack of knowledge? You don't need to be an expert to click "buy" on SCHB. And when you click buy on SCHB you're simply buying the entire US market.
There's no other option.
Own assets, or get left behind.
This is a necessity. You're thinking correctly.
This post was edited on 9/10/26 at 10:13 am
Posted on 9/10/26 at 10:11 am to NewIberiaHaircut
quote:
Any other debt in addition to the student loans? You don't need a financial advisor IMO.
No, got married a few months ago. Were finishing our lease before buying a house. Don't really want to cut into this inheritance to use towards the house.
Posted on 9/10/26 at 10:12 am to 03 West CoChamps
Buy the S&P500 and forget about the money for 20 years. That is assuming you have no other consumer debt that could be retired
Posted on 9/10/26 at 10:15 am to 03 West CoChamps
Looking for some advice (Investing)
Peruse the threads about stocks/investing on the first page of this forum.
Make notes of your questions.
Study.
The modern LLM should make it quite easy. Take advantage.
Peruse the threads about stocks/investing on the first page of this forum.
Make notes of your questions.
Study.
The modern LLM should make it quite easy. Take advantage.
Posted on 9/10/26 at 10:17 am to bayoubengals88
quote:
What are your wife's hesitations? Lack of knowledge?
Yes she just doesn't want me to screw it up. Wants a professional to make sure I don't screw it up. I get her hesitation. That's why I'm looking for knowledge.
Posted on 9/10/26 at 10:18 am to 03 West CoChamps
Talk to a FA over 100k? Brother....
Posted on 9/10/26 at 10:19 am to 03 West CoChamps
Also consider opening a Roth account for your and you wife and max out for this year 7500 each and save enough to max next year in January.
This post was edited on 9/10/26 at 10:21 am
Posted on 9/10/26 at 10:20 am to 03 West CoChamps
Zero need for an advisor. Stick in VOO and just forget about it.
Posted on 9/10/26 at 10:22 am to TheOcean
quote:
Talk to a FA over 100k? Brother....
Look man I hear you. 100k may not be much for the billionaires of Tigerdroppings but the potential of this 100k in 25 years is pretty life changing for us. I just want to make sure I set it up in the best possible place.
That is why I'm here. Getting information from more experienced people.
Posted on 9/10/26 at 10:26 am to 03 West CoChamps
quote:This is why mutual funds and ETFs were created. If you must plan a meeting with an advisor, research some of the stuff that we have laid out here.
Yes she just doesn't want me to screw it up. Wants a professional to make sure I don't screw it up. I get her hesitation. That's why I'm looking for knowledge.
Go in and say, "What value can you provide in addition to what VTI or SCHB will give me?"
He or she will have nothing to say other than "a personal relationship. I'll check in on you. I'll guide you through recessions...tell you not to get scared and sell"
...Which is all noise as long as you can commit to just buying more of the ETF every month no matter what happens.
And I'll be honest with you. Most advisors don't give a shite unless you give them 3-5 million to manage.
SCHB - Study!
Posted on 9/10/26 at 10:27 am to TheOcean
quote:See what I mean? Well said
Talk to a FA over 100k? Brother....
Posted on 9/10/26 at 10:28 am to 03 West CoChamps
quote:
Look man I hear you. 100k may not be much for the billionaires of Tigerdroppings but the potential of this 100k in 25 years is pretty life changing for us. I just want to make sure I set it up in the best possible place.
That is why I'm here. Getting information from more experienced people.
Put it in a broad market index fund and leave it there. Literally takes 30 seconds
Posted on 9/10/26 at 10:31 am to bayoubengals88
quote:
This is why mutual funds and ETFs were created. If you must plan a meeting with an advisor, research some of the stuff that we have laid out here.
Go in and say, "What value can you provide in addition to what VTI or SCHB will give me?"
He or she will have nothing to say other than "a personal relationship. I'll check in on you. I'll guide you through recessions...tell you not to get scared and sell"
...Which is all noise as long as you can commit to just buying more of the ETF every month no matter what happens.
And I'll be honest with you. Most advisors don't give a shite unless you give them 3-5 million to manage.
SCHB - Study!
I appreciate it man. I absolutely will.
Posted on 9/10/26 at 10:36 am to 03 West CoChamps
quote:I think 100% of responses have provided a broad market etf option.
I just want to make sure I set it up in the best possible place.
There's hardly any difference between VOO, SPY, SCHB, or VTI.
Look at the comparison over 5 years.
VOO and SPY track 500 companies (the S&P500).
SCHB and VTI track several thousand.
More diversification typically leads to lower, though steadier, performance. Less risk, less reward.
You can see that play out here:
This post was edited on 9/10/26 at 10:38 am
Posted on 9/10/26 at 10:57 am to bayoubengals88
quote:
He or she will have nothing to say other than "a personal relationship. I'll check in on you. I'll guide you through recessions...tell you not to get scared and sell"
...Which is all noise as long as you can commit to just buying more of the ETF every month no matter what happens.
Most advisors are totally worthless, but I think people underestimate how easy it is to screw this up. You are definitely right here, but the average person totally sucks at sticking to the plan (hence the reason FA's haven't gone out of business).
Nothing about investing is that hard, but it totally goes against human psychology. The biggest value add of an advisor is to keep people who don't fully understand finance from doing dumb shite.
It's easy to get stuck in an echo chamber if you are only around other people that work in finance, but sometimes when friends/family ask for advice I realize how lost the average person is.
Posted on 9/10/26 at 11:11 am to 03 West CoChamps
Because of you and your wife's ages, I would consider going even more aggressive with at least some of the money. Maybe half in VOO/VTI, and half in VGT, which is an Information Technology ETF. It's returning nearly 25%/yr over the past 10 years and is heavily weighted in Nvidia, Apple, Microsoft, and Broadcom.
I'd want to get a good bit of that money into tech right now.
I'd want to get a good bit of that money into tech right now.
Posted on 9/10/26 at 11:12 am to 03 West CoChamps
Just wanted to tell you my experiece. I came into some money and told my wife I was going to put it into an index fund.
She questioned me about the decision and, because she didn't understand the market, she made it a very difficult and frustrating situation.
One of the things that helped me was having the knowledge (if somewhat limited) of how these funds work.
I showed her the fund I wanted to buy (VTSAX) and how it performed over a 10 year span. Her "aha moment" came when I donwloaded an investment app and she saw how easy it was to set up and conduct transactions.
That was 10 years ago and now she thinks I'm an investment genius because of how well the fund has performed, when in reality all I really did was put the money in the market and leave it alone.
She questioned me about the decision and, because she didn't understand the market, she made it a very difficult and frustrating situation.
One of the things that helped me was having the knowledge (if somewhat limited) of how these funds work.
I showed her the fund I wanted to buy (VTSAX) and how it performed over a 10 year span. Her "aha moment" came when I donwloaded an investment app and she saw how easy it was to set up and conduct transactions.
That was 10 years ago and now she thinks I'm an investment genius because of how well the fund has performed, when in reality all I really did was put the money in the market and leave it alone.
Posted on 9/10/26 at 11:18 am to NaturalBeam
quote:Personally, if I weren't going to be picking any individual stocks, I'd be 100% QQQ.
I'd want to get a good bit of that money into tech right now.
OP: QQQ is the Nasdaq 100 (all the biggest tech stocks are heavily weighted toward the top).
It's higher risk, higher reward, and more volatile because of it.
It is up 88% over the last 5 years while the S&P is up 70%.
Both the drawdowns and the recoveries have been more violent, and this will likely continue. Overall, I think it will be the best performer of all major indices.
Top 10 holdings:
NVIDIA Corp (NVDA): ~8.5% – 8.7%
Apple Inc (AAPL): ~7.3% – 7.4%
Microsoft Corp (MSFT): ~5.9% – 6.0%
Micron Technology Inc (MU): ~4.6% – 4.9%
Amazon.com Inc (AMZN): ~4.4% – 4.5%
Advanced Micro Devices Inc (AMD): ~3.4% – 3.6%
Alphabet Inc Class A (GOOGL): ~3.1% – 3.2%
Tesla Inc (TSLA): ~2.9%
Alphabet Inc Class C (GOOG): ~2.9%
Broadcom Inc (AVGO) / Meta Platforms Inc (META): ~2.8% – 2.9%
This post was edited on 9/10/26 at 11:29 am
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