Hi all,
I recently put my money into both a Roth IRA and a taxable brokerage account both under Schwab.
I maxed out the Roth and put all of it into a target date fund for 2060. (I am 29 for reference and plan to retire at 65). I would like to put my next contribution into some index funds, but don't know how to go about allocating it. I know a three fund portfolio could probably work for this, but don't know what specific index funds to get since there are quite a bit.
As for my taxable brokerage accounts, I followed some advice that was on this subreddit for a three fund portfolio. I allocated $300 to S&P 500 Index Fund, $276 to Schwabs International Index Fund, and $200 to US Aggregate Bonds. Don't know if this is a good allocation for my goal, which is to hopefully get some extra money to go towards a house purchase within the next 10 years.
Is what I have a good allocation for my goal? Should I invest in some dividend stocks instead for my taxable brokerage or change my current investments?
Appreciate any help.
Submitted May 30, 2021 at 10:42PM by Redemptionblue https://ift.tt/34DMbyR
