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Need idea on what to do with cash.

Greetings, Due to the sale of a home I have 200k in cash I need to do something with. I do not want to tie it up in anything long term as I want to have it available and not want to have to sell something low etc. So, other than a money market paying about zero, do any of you fine folks have an idea...
by dallas01
Thu Apr 04, 2013 12:43 am
 
Forum: Investing - Help with Personal Investments
Topic: Need idea on what to do with cash.
Replies: 4
Views: 431

Re: 401 to IRA Can You Spend The Interest??

Thanks very much for the help!!
by dallas01
Sun Feb 03, 2013 11:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401 to IRA Can You Spend The Interest??
Replies: 5
Views: 353

401 to IRA Can You Spend The Interest??

Greetings, For those experienced folks out there I need some help please. I know if you roll your 401 into an IRA upon retirement at age 55 that is not a problem. I also know that since I am not 59 1/2 if I were to spend any of the 401/IRA I have to pay tax and penalty. I do not want to do a 72t as ...
by dallas01
Sun Feb 03, 2013 12:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401 to IRA Can You Spend The Interest??
Replies: 5
Views: 353

Re: How to split retirement funds.

Thanks for input as I appreciate it. The question on all the cash is a good one and is due to the selling of a home. I will put half or so in something but not sure what that is. Thanks again, this is a wonderful place to exchange ideas and get help.
by dallas01
Thu Jan 31, 2013 4:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to split retirement funds.
Replies: 14
Views: 1296

How to split retirement funds.

I have been reading this site for some time now and sure enjoy it. I am retiring in 90 days at age 55 and have a 50k pension and 300k in cash. I will be rolling over 500k from my 401k and thought I would split it into three to five different funds with Vanguard. I have two brokers pursuing me to get...
by dallas01
Thu Jan 31, 2013 12:35 am
 
Forum: Investing - Help with Personal Investments
Topic: How to split retirement funds.
Replies: 14
Views: 1296

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