Would investing my $10k house downpayment in “safe” stocks and ETFs for a year or two be a good way of parking my money until I was ready to pull the trigger on buying?

I want to put a down payment on a house next year. I looked into C/D accounts, High Interest Savings Accounts, and Corporate/Government Bonds. I didn’t like them due to the low interest they generated (6% at best). Further, the gains would be taxed as regular income so I’d be looking at maybe a $200-400 gain.

I feel that I could invest the money in “safe”stocks (coca-cola, disney, amazon) and ETFs, get bigger gains, liquidate it whenever I want, and take advantage of the capital gains tax.

Am I missing something? Even if I avoided stocks, ETFs alone would give me around 9% return. Or is it simply just safer to hold the money in bonds, CDs, or savings accounts? Please help!

Submitted November 24, 2020 at 10:40PM by CostantlyLost https://ift.tt/3633N8V