younginvestor2013
Recycles dryer sheets
- Joined
- Feb 6, 2013
- Messages
- 226
I sold off about 18% of my portfolio to cash at the end of 2017. I was planning to buy a house but that fell through. I now am sitting on a sizable chunk of cash currently invested in an online savings account earning 1.6% APY.
I have no plans to purchase a house nor use this money for any major purchases. I have dipped into it a bit for some new furniture but aside from that, I have no short term need for these funds.
Do I simply re-invest it according to my AA? I am looking to invest/do something with about 2/3rds of the 21% cash noted below.
Current allocation is as follows, in various index and mutual funds:
Large Value 13%
Large Blend 11%
Large Growth 11%
Mid Blend 11%
Small Blend 11%
Int'l - Developed 17%
Int'l - Emerging Small Cap 5%
Cash - 21%
FWIW, only debt is about $185k on a $265k home at 4.25%. Still have about 27 years left on the mortgage.
I have no plans to purchase a house nor use this money for any major purchases. I have dipped into it a bit for some new furniture but aside from that, I have no short term need for these funds.
Do I simply re-invest it according to my AA? I am looking to invest/do something with about 2/3rds of the 21% cash noted below.
Current allocation is as follows, in various index and mutual funds:
Large Value 13%
Large Blend 11%
Large Growth 11%
Mid Blend 11%
Small Blend 11%
Int'l - Developed 17%
Int'l - Emerging Small Cap 5%
Cash - 21%
FWIW, only debt is about $185k on a $265k home at 4.25%. Still have about 27 years left on the mortgage.