I’m putting away $300 a month, my question is where to put it. savings account has basically 0 interest, there are HYSA (high yield savings account) that would give me 3-5% apy, or I already have some money in stocks that have grown consistently 25% over the last year (index funds only)
what would you guys recommend? I’m looking to buy it probably 3 years from now. that way either I’ve got a fat down payment or I can just buy it cash
thanks
SPAXX on fidelity is pretty easy to get into. Just open a Fidelity account and xfer your money there. During high interest it was getting 5% now its about 4% I think. You get paid out every month.
To invest I think it makes more sense if you are holding for 5 years minimum