Have $20k cash sitting around. I haven’t invested outside my Roth IRA, 401k, & HSA, but figured now may be a good time. I have a brokerage account with Schwab - should I wait to put money in? Cont.

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Unless you’re a day trader on Wall Street (and even then) the only things in your portfolio if you’re young should be index funds and cash. Keep a little extra emergency fund in cash since times are uncertain now but DCA the rest over a few months. No one knows if this will bottom out next week, next month, next year, or next decade.

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D1 is right. It’s the easiest route and consistently offers the highest reward per risk.

Hold it as cash. A major recession or even depression is around the corner. You could invest a small percentage of it, but I know I would sleep better having an extra 15-20k in cash now.

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Agreed having extra cash right now is smart. I do have an emergency fund and thankfully do not pay rent so I wanted be smart with the money I’m saving by not spending on rent

I am a beginner but am considering putting part into an etf (s&p500) and part in stocks I research.

I’m young and willing to leave $ in for the long term. Is it better to wait? Will the stock market drop more?

If you’re truly willing to wait and not dipping into what should be an emergency fund, then yeah, stocks are on sale.

I would recommend that you dollar cost average. In essence, buy over dips over time. For example I would buy some now, but save some to buy later if another big drop is coming. Which it very well might.

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Start putting 10% of your money everyday in S&P500 and spread it to 10 business days.

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VTI - 50%
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VUG - 15%
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