Congrats. Not a fan of large amounts of cash in a ROTH.
Make sure your ROTH dollars are your high return equities.
Not a fan of individual stocks either. A diversified portfolio is the way to go.
1. Decide on an asset allocation between stocks and bonds.
2. Decide on an international percentage. Reasonable values are 20 to 50%.
3. Decide on equities if you want the entire market or if you want to tilt to small or value.
4. On your bonds put together a couple of funds based on duration. Do not ignore duration you should have some short term bonds for a stable asset to spend in a down market.
Implement above plan.
Make sure your ROTH dollars are your high return equities.
Not a fan of individual stocks either. A diversified portfolio is the way to go.
1. Decide on an asset allocation between stocks and bonds.
2. Decide on an international percentage. Reasonable values are 20 to 50%.
3. Decide on equities if you want the entire market or if you want to tilt to small or value.
4. On your bonds put together a couple of funds based on duration. Do not ignore duration you should have some short term bonds for a stable asset to spend in a down market.
Implement above plan.
Statistics: Posted by BitTooAggressive — Wed Jan 10, 2024 4:38 am — Replies 3 — Views 435