Hi all,
I would like to conservatively invest about $10,000 and was thinking about doing so with a 40% stock, 60% bond mix using the Schwab Intelligent Portfolio. The fact that it is completely free and automated is what appeals to me. I understand that there is a cash drag which would result in losses, but like I said I need to invest conservatively... and the cash drag would only "cost" maybe $15 a year anyway.
But I am considering other options as well. For instance, I have been looking at Vanguard's Conservative Growth LifeStrategy Fund, but I have been reading about how it is supposedly tax inefficient. This $10,00 would need to be in a taxable account and I am in the 25% tax bracket.
If you needed to conservatively invest $10,000 in a taxable account, how would you do it? Would you just use the Schwab Robo Advisor, or is there a better option? What Vanguard fund(s) would you choose?
Thanks!
Submitted May 14, 2017 at 08:20PM by TheTurtlemilk http://ift.tt/2qi79Qz
