JohnnyBGoode
Recycles dryer sheets
Hi Market Gurus ! I'd love to get your advice.
I currently have about $160K sitting in "cash" in my investment portfolio. $130K of it is in a taxable account and $30K of it is in a tax-deferred account.
I don't need the money any time soon (>7 years). I've got an overall portfolio allocation of:
30% Bonds - Spartan U.S. Bond Index Fund (FSITX)
5% Real Estate - Spartan Real Estate Index Fund (FSRVX)
35% US Stocks - Spartan Total Market Index Fund (FSTVX)
30% International - Spartan International Index Fund (FSIVX)
I could just allocate the money into the funds I've got and be done with it (Bond going to tax-deferred account, rest going taxable) but I'm a bit skittish because of the recent market highs. While I try to think long term and not time the market, I'm having a hard time pulling the trigger on purchasing more given how frothy the market is.
So any ideas? I think my options are:
1) Do nothing, just let things ride as they are for a while
2) Allocate the cash into my existing portfolio allocation because not trying to time the market means not trying to time the market
3) Put the money into a "high" interest savings account at Ally or something similar making 1% (seems better than #1 option regardless, I suppose)
4) Put most if it into equities (FSTVX or FSIVX) because the market isn't done yet
5) Put most of it into bonds because they are cheap right now
6) Some other choice I haven't thought of.
Thanks - appreciate your thoughts and consideration!
I currently have about $160K sitting in "cash" in my investment portfolio. $130K of it is in a taxable account and $30K of it is in a tax-deferred account.
I don't need the money any time soon (>7 years). I've got an overall portfolio allocation of:
30% Bonds - Spartan U.S. Bond Index Fund (FSITX)
5% Real Estate - Spartan Real Estate Index Fund (FSRVX)
35% US Stocks - Spartan Total Market Index Fund (FSTVX)
30% International - Spartan International Index Fund (FSIVX)
I could just allocate the money into the funds I've got and be done with it (Bond going to tax-deferred account, rest going taxable) but I'm a bit skittish because of the recent market highs. While I try to think long term and not time the market, I'm having a hard time pulling the trigger on purchasing more given how frothy the market is.
So any ideas? I think my options are:
1) Do nothing, just let things ride as they are for a while
2) Allocate the cash into my existing portfolio allocation because not trying to time the market means not trying to time the market
3) Put the money into a "high" interest savings account at Ally or something similar making 1% (seems better than #1 option regardless, I suppose)
4) Put most if it into equities (FSTVX or FSIVX) because the market isn't done yet
5) Put most of it into bonds because they are cheap right now
6) Some other choice I haven't thought of.
Thanks - appreciate your thoughts and consideration!