I’ve been adding to this account over the past year - about $15,000 of it is my EMERGENCY FUND and the rest I plan to use for a down payment on a house in the next 6 months to 2 years tops. I add about $1000 to the account every month. I have been told to keep emergency reserves in a liquid account so that isn’t going anywhere; however, with the additional $35,000 (which I will continue to grow) is it recommended to keep that in a money market account if I plan on buying a house in the next two years at absolute most? Obviously a relatively short time horizon. I also have long term investments in stock index funds but will not touch that for 10+ Years, and bond rates are so low my house fund doesn’t seem worth the extra risk and hassle. Thanks for the help friends.
Submitted February 23, 2018 at 10:33PM by JesterOfTheSwamp http://ift.tt/2otZtsw
