New to considering bonds.
54 y/o currently invested 95% us equities through low cost ETFs
50% in Taxable account
35% in tax deferred 401k
15% in Roths (spouse and I) and fully funded 529 plans for 3 kids currently in college.
I’m receiving payout from an unexpected business sale equal to the total amount I have saved. I’ll still be working my high salary job for now.
I don’t want to put this new money, fresh powder, into the market right away so I’m considering holding it in SNAAX at Schwab (I will hit minimum) or a tax exempt bond fund since I’ll continue to be in the highest tax bracket and have a state tax for the earnings.
This will make me a conservative 50% bonds/mm for 2025 as I will probably go to my old ways and buy into the market when it feels right by the beginning of 2026.
Thoughts? I won’t need to touch any of this money, current or new for at least 20 years unless I want to buy a business which seems unlikely as I follow passive investing philosophy.
54 y/o currently invested 95% us equities through low cost ETFs
50% in Taxable account
35% in tax deferred 401k
15% in Roths (spouse and I) and fully funded 529 plans for 3 kids currently in college.
I’m receiving payout from an unexpected business sale equal to the total amount I have saved. I’ll still be working my high salary job for now.
I don’t want to put this new money, fresh powder, into the market right away so I’m considering holding it in SNAAX at Schwab (I will hit minimum) or a tax exempt bond fund since I’ll continue to be in the highest tax bracket and have a state tax for the earnings.
This will make me a conservative 50% bonds/mm for 2025 as I will probably go to my old ways and buy into the market when it feels right by the beginning of 2026.
Thoughts? I won’t need to touch any of this money, current or new for at least 20 years unless I want to buy a business which seems unlikely as I follow passive investing philosophy.
Statistics: Posted by FullHouse11 — Sat Dec 28, 2024 10:40 am — Replies 1 — Views 89
