Hey man, love following your posts. I’ve realized I made a mistake and have way too much cash just sitting in the bank. The only debt the family has is our house payment. The wife and I both put in about 12% of paychecks into 401k. What would be a good way of investing $20k? At first I thought about paying down principal on house, but now I’m thinking its investing into a Roth and maxing it out. Or do I go for some dividend strategy I’ve been seeing thrown around? Any advice would be great and you can use me as an example 
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Welcome @Juice2142!
I would work your way down this list:
If you’re on phase 6, then work your way through this checklist:
I would buy and hold index funds. Don’t chase dividends.
Thanks for the response. Pretty much into phase 6. Then for the 2nd part, we already have 401k up to employer match, then a few extra percent going to Roth. Don’t have an HSA. Is that important? I haven’t really looked much into it. Based on all of this, it sounds like if I have cash left over after these steps, maybe I do just need to pay off mortgage quicker and add a little more to kids education account. The only problem I see with the 529 or whatever is that it’s has to be used for school right? Who knows what my kids will want in 12-16 years, lol!
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