You’re asking the right questions at an important moment. With over $1M in combined assets and a strong foundation of diversified holdings, including precious metals as a hedge you’re in a solid position, but it’s understandable to want more growth, especially given today’s economic backdrop.
First, keep in mind that inflation, while easing from its 2022 peak, is still eroding idle cash value so your 4% savings, while safe, may only barely keep pace.
Your Edward Jones-managed retirement account likely contains a blend of mutual funds; I’d recommend auditing those to ensure you’re not overpaying on fees, as actively managed funds can sometimes underperform low-cost index ETFs.
With markets hitting fresh highs in 2025 and the Fed signaling potential rate cuts later this year, we’re entering a growth-friendly environment.
Consider allocating some of that $425K cash into a mix of broad-market ETFs like VTI (Total US Market), QQQ (tech-heavy NASDAQ exposure), and SCHD or VYM for high dividend yields and quality value stocks.
You might also look at sectors positioned for upside AI, green energy, and infrastructure, all backed by government policy and market momentum.
Lastly, Roth conversions or contributing to a backdoor Roth might be worth discussing, especially if you’re under the income cap.
Hope this gives you some direction, feel to reach out, Look me up online and schedule a session.. “Eric Michael Merrifield” if you want to unpack it more.
