Two weeks ago I cahsed out all invesments I had in taxable mutual fund accounts.* This was a planned thing.* The trigger was the fact that the market seemed at a pretty decent high and I was already sick of the ultra-high fees associated with my invesments (think almost 2% on a an SP500 equity fund type deal!). Because I have held the 10 different funds I had for over 3 years, the pullout fees where very minimal (yeah, I got the big shaft on the front end though*
So, I have about 650k sitting in a MM account doing about 3.2% but I certainly would like to move this money into a position of bigger returns.* What I'm looking at is Vanguard/Fidelity type low cust index funds (my risk tolerance is medium) but I figured I would post here and see if anyone has any other suggestions.
To complete the picture: I also have about 250k in a 401k on some large cap fund, no mortgage or any other debt - but I* 2 kids very young kids and a stay at home mom.* I just turned 41 and if you happen to look at one of my few posts here you will know that I am not looking to retiring any time soon but 50 looks like a good number.
So the question again: Where would other ER'ees put $650k?