Hello all I am 38 year old male with wife and a kid. I came to us in late 2018. I had my ups and down in career but managed to save ~400k in hysa. I have always been an FD ( one of safest investment)investor back in India as I had debt. Planning to stay in us for another 3 years and go back. Looking for investment advice to invest 400k for another 10 years at least with another 3k monthly investment. My target is to have 1mn in total assets House hold income 350k Lcol
VOO
+1
Invest in stocks/funds, like VOO / QQQ / VGT, on a recurring basis. And test your investment strategies using back testing tools like https://www.portfoliovisualizer.com/backtest-portfolio
๐ everyone Just a add on, What kind of split of if I were to pick voo/qqq etc Also does it make sense if we start now when market is at the peak
If you invest regularly (bi-weekly/ monthly) then it doesn't matter whether the market is up or down, your cost price will average out. You only need to make sure you are investing in good stocks/fund based on your risk profile. Also keep the right expectation, that is, dont expect every year you will get 20-30% return, the avg. annualized return of good fund over past 10 yrs is around 12%, check out previous historical data for S&P 500 index fund, and build your portfolio accordingly.
Dca
Lcol.. why not buy house?
I have a house and mortgage too๐
VTI and forget
Start investing in stocks