New here, and when I say new, i mean I just found this website 4 minutes ago, created an account and now I am posting. Bottom line - I have about $275k cash that I want to invest I know very little about the stock market, but I know with the sudden fallout it is likely a good time to buy? I do have an IRA with Vanguard and I just maxed out my 2019 contribution but still have this money just sitting in my account. I want to invest in something like the S&P because I feel it is a safer and easier option for someone that doesnt know what they are doing. If I use vanguard should I put all my cash in their S&P 500 ETF? Or should I just find a financial advisor/manager and let them figure it out.
That is a chunk of change, do not throw it all into one stock. The SPY is what you can step into, it tracks the S&P 500. You can buy some next week, a bit more the week after that, keep adding on weakness. But if your knowledge of the stockmarket is zero, you either need to a) spend a few weeks learning all you can, or b) just give your money to an advisor and he will toss it into a mix of funds.
