My new years resolution is to start investing. I have a lot of cash and i want to put at least $100k in ETF’s. My 401k is maxed/growing significantly and i need to do the backdoor roth ira at some point also. 35 year old looking to build wealth/passive investments, i wont be touching this. Will be some combo of VTI, VX, VOO, and/or VXUS.
So i just open a brokerage account, deposit money, select funds?
What do i need to know regarding tax implications, capital gains, harvested losses, dividends, etc.
Is there any benefit to investing more cash vs less at once? Probably starting with $100k and will slowly add to it, does it matter if i buy a bunch at once, over time, etc.
Im seeing stuff about “net investment income tax”- my income is ~$300k so im assuming this impacts me- what do i need to know?
For all of the tax related implications, what do i need to do/know upfront or can i just buy funds now and handle that at the end of the year with my accountant when i do my taxes?
Basically i just want to know what i need to worry about right now in the beginning after i buy the funds. Thank you in advance