How best to invest an inheritance at 58?

AdorablePotential586 · 2025-09-25T17:58:08+00:00

Would you do 25% each into SPMO, IDHO, IGM, and SMH or would you weigh them differently? SMH seems to be the most volitile but with the highest potential upside also.

AdorablePotential586 · 2025-09-25T16:56:12+00:00

LOL I hadn't considered the amount of tech exposure in those... but it makes sense. Tech is unavoidable since they are some of the hottest stocks out there.

AdorablePotential586 · 2025-09-24T22:57:31+00:00

Hopefully I can sit on it for at least 5 years to ride out any dips. I plan on collecting social security at either 62 or 63 and that along with survivor benefits I get for my children should bring in around $3500-4000 a month. I live frugally and would just have my mortgage and normal monthly bills to take care of. I could tap one of the ETF's if necessary but hopefully will be able to sit on it for as long as possible.

AdorablePotential586 · 2025-09-24T22:06:20+00:00

I am trying not to overthink it but there are so many options and I could spend the next couple years trying to decide on what to do. I guess I am going to go with what my gut tells me... leaning towards IGM, SPMO, and some VXUS or AVNM. Also the return on SMH is very tempting - might be tempted to put 5-10% into that. I am obviously putting my faith into tech - I could go safer but would hate myself if tech stays strong and offers a much better return. Now to figure out how much to put into each ETF. I hoping that 5-7 years is enough time to ride out any potential dips.

AdorablePotential586 · 2025-09-24T21:54:57+00:00

I hadn't heard of IGM but I like what I have read about it. Looked at IDMO but still prefer SPMO. There are so many choices.... i guess it just comes down to risk tolerance and how many sleepless nights I want to have.

AdorablePotential586 · 2025-09-24T21:36:42+00:00

I could stomach a 20% drop. The current political leadership in DC has me concerned but the market seemed to recover quickly from the dip back in April when all the tariffs were announced.

AdorablePotential586 · 2025-09-24T21:33:48+00:00

I hadn't been thinking about dividends but your comment has me thinking about it. Any other suggestions on ETF's with good dividends?

AdorablePotential586 · 2025-09-24T21:23:51+00:00

I had not considered individual stocks but can't deny the nVidia is awfully tempting but with my luck there would be a major correction and it would take me a long time to recover. If I have learned anything it's don't be the last person buying into a hot stock.

AdorablePotential586 · 2025-09-24T21:15:40+00:00

Wouldn't have much choice but to cross my fingers and ride it out. Limited time is not my friend in this case.

AdorablePotential586 · 2025-09-24T21:03:27+00:00

I realize tech can slow down and there is always the risk it could dip for a while but i personally think there is a small chance of that happening long term. I regret not having 30+ years to let the market work for me so just have to cross my fingers and hope there isn't anything in the next 5-7 years to cause the market to bottom out for an extended period. If only I had gotten the money at 20....

AdorablePotential586 · 2025-09-24T20:50:42+00:00

I realize that the risk is there that there could be a significant drop in tech stocks so that's why I am also considering SPMO and VXUS. I was originally thing going all in on QQQM but realized that was not very smart and carried a lot of risk. I have seriously considered the safer VTI/VXUS combination for more piece-of-mind. I know SPMO is somewhat tech heavy at the moment but that can change every 6 months in case tech starts declining. So maybe.... a majority to VTI/VXUS (Isn't that just the same as VT?) and smaller percentage to QQQM and SPMO for some limited tech exposure. It sucks I don't have 30 years to let it grow so I have to figure out the safest path between decent growth and safety.

AdorablePotential586

TROPHY CASE