Where do you guys park your non-retirement money that you'll need in the next 5-15 years?
I'm trying to figure out the most tax-advantaged vehicle.
It's long enough horizon that investing it for growth makes sense compared to just putting into HYSA.
Index funds in a brokerage account? Will need to pay long-term capital gains but see no way around taxes no matter what investment vehicle I choose.
We already have 401k's and Roth IRAs for retirement and emergency fund and general savings in HYSA for expenses estimated within next 3-5 years.
I was thinking Roth IRA for a hot minute but can only pull out initial contributions and no growth before 59 1/2 without penalty and I'd want to access the growth.
Trying to find best balance of fighting inflation vs. growth vs. risk vs. reward and keeping it liquid enough.
Submitted June 09, 2020 at 08:07PM by mantheship https://ift.tt/3cRsWnc
