How should I invest $220,000?

[tiffany85]

It's not a windfall, fyi. I have this amount of money saved up. It's in equities right now - index funds at Vanguard. However, I'm wondering what y'all think I should be doing with the money. I don't have a house, if that matters. I just rent for a very good rate.

[mrpaseo]

Great job saving up that much. When do you think you will need this money? Do you have any retirement accounts set up?

[Jsteinkruger]

to add on to mrpaseo's questions. Will this be a one time deposit or will you be making more deposits to the same account?

[autoxer]

It's in equities right now ...

What don't you like about how it is currently invested?

[feh]

It's not a windfall, fyi. I have this amount of money saved up. It's in equities right now - index funds at Vanguard. However, I'm wondering what y'all think I should be doing with the money. I don't have a house, if that matters. I just rent for a very good rate.

Here you go: http://www.bogleheads.org/wiki/Bogle...g_start-up_kit

[tiffany85]

Great job saving up that much. When do you think you will need this money? Do you have any retirement accounts set up?

I don't know when I would need it. Probably in 35 years, I'd begin gleaning its interest.

I should have clarified. Everything but $110k is in retirement accounts. The rest is in a taxable investment account. It's doing okay but sometimes I think I could be doing something better with the money.

[tiffany85]

Here you go: link which I cannot quote lol

Thanks! Will definitely read it over.