I have 10k sitting in my checking account I want to put in a mutual fund and let sit. I have about 13k in US savings bonds as a safe emergency fund. Along with 88K in my bank, in which around 50k is earmarked for a down payment on a house. I'm married and my only loan is $209 monthly car payment. I don't make much money and I have kids but my credit is excellent and I'm good at saving money.

I believe stock index funds are safe as long as I let the money sit and not panic when the market drops. I also plan on having it automatically reinvest. I'm looking at stock, large cap. I want to let it sit for no shorter than 5 years before I even touch it. I know nothing about fees and taxes.

Please tell me what I'm doing wrong or right. Any advice is greatly appreciated.

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