{ "media_type": "text", "post_content": "Have about 100k in my bank. Please advise on investments. Where should I start? Maxed my 401k.", "post_id": "58f40a764db20b0016838b86", "reply_count": 26, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Have about 100k in my bank. Please advise on investments. Where should I start? Maxed my 401k.

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Lol op wanted to advise and the first comment is asking op to advise

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Tips on how you made that 100k? And maxed your 401k?

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What you have is a good start, nothing more. It's on you now to make the most of it. Conventional advice would be to throw a good chunk of it into an index fund and watch it grow. But, and I know we aren't supposed to 'time' the market, I feel we're due for a downturn. No way this bull market can last much longer, the fundamentals are just not there. And before anyone says I'm wrong, I'd like an explaination as to how Tesla can be valued more than General Motors, a company who's been the bedrock of the automotive industry and driving profits for close to 100 years. That's just a sample of the craziness going on right now, hold on tight to that 100k and invest wisely.

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Own any real estate?

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Spread it across a few ETFs, make sure you diversify for risk. Then you can spend some time to be selective with particular investments that you find interest in

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They were just savings from past few years. I am an Indian and moved here on work. Had no loans and saved money on the road. Went cheap on rent, but otherwise live a good lifestyle and splurge on traveling, shopping, concerts, etc. Haven't paid much attention to investments, however, high time that my money made some money. Look forward to serious advice

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Can't help it. I have no idea how to invest.if I knew then I wouldn't have asked op that question. Sorry op.

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My landlord has bought over forty houses and rents them out. Viable business in college based areas etc. you might try that with a lesser no of houses

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Why don't you invest in india then op? Nre fixed deposits and mutual funds.life insurance too

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OP I have my investments with an advisor from Merrill Lynch. Have been extremely happy with the investment allocation, service, etc. the fees are slightly higher, but it is worth it with all of the perks he provides. Also got my mortgage through them, etc.

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E2: Stock prices are a barometer of future earnings potential . Not 100 years of the past.

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I got a tax advantaged index from vanguard. Low fees, good performance. Flipped on the auto deposit and now ignore it.

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But that being said, I agree that vanguard would probably be best for an amount of ~100k, and if you want more help as the account grows, it COULD be worth it to look into an advisor. We are lucky that there is so much info out there to help us make informed decisions.

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If you're not well versed with investments maybe look into something like betterment?

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Buy up classic Broncos...fully depreciated

Nope, I do not own real estate. In NYC, so tough to get a house that I cannot afford but like :)

Down payment for a primary residence. If you have that, start our small in passively managed investments (e.g. low ER vanguard funds) and put money into the market periodically. Be in it for the long term and you will ride any downturn.

First figure out your liquidity needs for next 5-10 years and put that in bonds and or cash. Put the rest in blue chip stocks / funds with low expense ratios, little to no dividends and turnover to minimize taxes. Examples: S&P index fund, BRK.A

S&P Index Fund, i.e. Northern Trust S&P 500 Fund.

My wife and I also have ~$100k sitting in the bank because we were waiting for the market to pull back. We decided to buy a second home and for the time being we're renting to my mother at cost. It's cheaper rent for her and we'll just plan to reap gains on the property appreciation in the future.

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