I've been working for 5 years now and have some cash saved up and my retirement is 30 years away. I just opened a Schwab brokerage account and my idea was to invest twice a month into a total US stock market ETF like VTI.
I guess my questions are 1) Is just VTI by itself fine? Should I diversify with something else like emerging countries and bonds?
2) How quickly should I invest? The market is very high and shaky, and with Trump, interest rates, world politics, etc. so I don't feel comfortable putting it all in right now and would prefer to dollar cost average. Is dollar cost averaging my current savings over the course of a year a decent time frame?
My goal is just not to let money devalue in bank accounts and I want it to be accessible before retirement. I don't qualify for a Roth IRA and already max out my 401k.
Sorry if this isn't the right place to ask. Thank you!
Submitted April 16, 2017 at 11:45PM by butwhystherumgone http://ift.tt/2oleVVT
