Investment Advice

[jack2k5]

Dear Jeremy,

I have been a fan for a while. Last year, my family also moved back to Taiwan. Recently I sold my house and would like to put the money towards stock and funds investment. I see you have suggested going to Vanguard or Fidelity. Despite the fact that I haven't opened accounts with these companies (I am using TD Ameritrade), the stock is at an all-time high and I am hesitant to buy any stock at the moment. Where would you suggest putting the money at this time?

Best regards,
Jack

[gocurrycracker]

Hi Jack

A general answer - the main question to answer is what do you want your target asset allocation to be?

When you know that, you just deploy the house money or other cash that you don't need to use in the next 5 years per your target AA.

Here is an example of ours: https://www.gocurrycracker.com/gcc-asset-allocation-2020/
Stock / Bonds-Cash: ~ 85 / 15
US / International equities: ~ 80 / 20

Your target AA may be different from ours - it depends on your long-term goals, risk tolerance, timeframe (how many more years of work?), total net worth, etc...


You can buy Fidelity and Vanguard funds at TD Ameritrade also.