Age: 29
Taxable: ~700k
401k: ~150k
Roth IRA: ~20K
Roth 401k: ~15K
I currently hold almost exclusively (~90+%) MMFs + treasury bonds and a small amount of tech stocks + VTI. I was being conservative because of fear of a market downturn + planning a down payment for a home. I no longer plan to buy a home anytime soon, so am considering rebalancing to be a bit more aggressive.
I only did some quick research on dividend investing, but from what I understand it is not really any more "safe" during a market downturn vs just a normal ETF. And considering the majority of my holdings are taxable, it doesn't seem like there is any real benefit for me.
Am I better off just slowly putting money into VTI or is there anything else I should consider? I'm obviously fairly risk averse so will still keep a good chunk in cash/MMF but figure I can probably afford to be a bit more aggressive without any big purchases on the horizon
Submitted June 29, 2024 at 12:04AM by doctordiddy https://ift.tt/5xWV0SG
