Where to Invest?

[thestrongprofessional]

I would take the half and half approach

Everyone has provided great insight. If I were you I would take $500 from what I was saving each month and put into an online savings at a 1% rate. This will give you some liquidity in case a great investment opportunity arises (ie. real estate). With the other $500, I would invest it into the vanguard 500 index fund. This fund has a low expense ratio which means you pay a lowpercentage of the total money you make. This index is also closely tied to the market and has historically performed well.

Raphael

[tripods68]

Dear All,
We don't wish to invest any more towards the retirement, nor towards the mortgage/refinance.

Not sure what is your risk tolerance. Most think they are can tolerate the high and lows, but turn out they don't like too much risk in the market. Have you consider buying high yield bond like VWEHX taxable account?

[Captain Save]

Do you have a retirement plan ? do you have an idea how much income your 401K and Roth will net you once you're ready to retire?

I've said it many times on here before ... and I get bashed for it but someone in your situation .. if you're young and healthy enough should probably save in a properly designed cash value life insurance plan.. your long term net IRR (after fees) is easily in the 4-8% range and it's a low risk.. You can also use it fore emergency funding .. it's much more liquid than a roth or 401 k .. not as liquid as a savings... you won't get those returns mentioned above in the short term.. you beak even between the 5th and 10th year but once you do ..it's pretty much all up hill from there.

[disneysteve]

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