So my fiancé a few years ago received an inheritance from a family member. Currently the total is about 100k with about 1/3 invested in S&P, 1/3 in a dividend etf, and 1/3 in a stable market fund (currently returning about 4.65%). The stable fund is more so we can buy a house one day, at least use some of it as a down payment. I’m 32 and she is 28, so both still fairly young. We both make ok money, about $100,000 a year combined and live in a city in the US Southeast so pretty low cost of living. We will continue to put money in the account; however, I’m not sure if we’ll ever on our own make enough to massively pump the account so I want what we are starting with to help do a lot of the heavy lifting. So my question is if you were in our situation would you A) use a large portion of this in dividend stocks/etf, let it reinvest dividends, and then the new money we put in invest it in everything else in our portfolio and just let this grow off earnings alone (logic being this would help supplement how much we’re able to contribute each year) B) Invest in something with a higher risk reward (nothing like Bitcoin, but maybe a growth etf once this silliness in the market is over) C) Split it between Nasdaq, S&P, and Dow, D) anything you can think of. Again this is just dealing with about 30k for this investment, and not the entire 100k.
Leave a Reply