BringItBoy t1_iuiff4i wrote on October 31, 2022 at 3:57 PM

5 years for stocks is risky in my opinion. You have no idea what could happen in that time. Bond rates have gone up on the other hand so maybe instead of an HYSA for those by short term bonds.

spaceflamingo3 OP t1_iuifizz wrote on October 31, 2022 at 3:58 PM

Not a fan of Bonds.

BringItBoy t1_iuig6ld wrote on October 31, 2022 at 4:02 PM

You can choose to put into broad index funds but no guarantee that it moves up. While the SP500 has averaged over 10% for the last decade does not mean it will do it again for this coming decade. If you want to be safe with your house fund then choose a more conservative option.

spaceflamingo3 OP t1_iuigbt5 wrote on October 31, 2022 at 4:03 PM

More conservative then the S&P 500? Might as well keep it in the bank lol

BringItBoy t1_iuih1bh wrote on October 31, 2022 at 4:08 PM

Are you saving or investing? It sounds like you just want to invest and whatever you have in your investment account you will put towards a house.

spaceflamingo3 OP t1_iuihp5k wrote on October 31, 2022 at 4:12 PM

I guess I want to invest that money, as I'm afraid that inflation will eat up the buying power of my money, by the time I'm ready to buy a house. I know that I don't want to buy a house in the next 1-3 years, but I know that I do want to further down the road. Also I think having 50k in savings is good in terms of liquid cash available.

BringItBoy t1_iuiieyd wrote on October 31, 2022 at 4:17 PM

If inflation is your worry than buy Series I bonds as they are inflation protected. Stocks are not hedges against inflation. Inflation is also slowing down and interest rates are going up which means rates on the bonds are going up which will likely hurt stock yields for the future. People tend to realize from 2012-2020 was the biggest bull run in history and one of the drivers was 0% interest rates. The new target for interest rates is going to 5% which is the highest its been in 20 years.