Iowa_Buckeye
Smartest person here
Yea agree with your point. If you will NEED ALL the money in the next year, that may be a bad approach.
But if you know not all will be needed in the short time horizon, I would put it in the market.
And you can just google the funds to see performance (they are just total market and S&P 500 index funds). But pretty much everything has done bad over the past 2 years, therefore a good time to buy.
Current prices. And we can come back in a year (if anybody remembers....) to see how things went!
VTSAX - $100.29 - dividend of 1.59%
VFIAX - $383.51 - dividend of 1.60%
Apple - $166.47 - dividend of 0.56%
Anheuser Busch - $64.36 - dividend of 1.28%
It is a year later!
Opening prices today for the two index funds:
VTSAX = $120.30
VFIAX = $462.66
Both have gained >20% in value alone, not including the dividend.