Hi - I would greatly appreciate your investing advice. Here is a brief intro of my financial situation....I am 26 with about $130k total invested in the following: I have a 401k with Vanguard, an older 401k with American Funds, a few Roth IRAs with Vanguard and a few with T Rowe Price. I have a large CD, some individual stocks and lots of cash. (no my parents didn't give me any of it
For 2010, I already maxed out a Roth IRA ($5k - and maxed out 2009 too) with T Rowe Price and my 401k will be maxed out ($16.5k) by August with Vanguard.
I still have a lot of cash that I would like to invest - at least $25k that I don't know what to do with. So here are my questions...
1) Should I open a new account with Fidelity, Schwab, etc. etc. or continue to invest more with Vanguard or T Rowe Price? In other words, where would you invest this money?
2) What should I invest this money in? Recently I saw Fidelity is offering commission-free trades on 25 ETFs - would you recommend these? If so, which ones?......or would you recommend any other mutual funds, ETFs, etc? (so if you recommended Schwab in question 1, what would you recommend AT Schwab?)
3) Any other investing ideas? I am not interesting in rentals - I have seen what a hassle that can be. Also, don't recommend I need to travel or something...I do enough traveling!
Thank you and feel free to ask q's.
For 2010, I already maxed out a Roth IRA ($5k - and maxed out 2009 too) with T Rowe Price and my 401k will be maxed out ($16.5k) by August with Vanguard.
I still have a lot of cash that I would like to invest - at least $25k that I don't know what to do with. So here are my questions...
1) Should I open a new account with Fidelity, Schwab, etc. etc. or continue to invest more with Vanguard or T Rowe Price? In other words, where would you invest this money?
2) What should I invest this money in? Recently I saw Fidelity is offering commission-free trades on 25 ETFs - would you recommend these? If so, which ones?......or would you recommend any other mutual funds, ETFs, etc? (so if you recommended Schwab in question 1, what would you recommend AT Schwab?)
3) Any other investing ideas? I am not interesting in rentals - I have seen what a hassle that can be. Also, don't recommend I need to travel or something...I do enough traveling!
Thank you and feel free to ask q's.