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re: Better than a Savings Account?
Posted on 8/31/17 at 4:29 pm to geauxcats10
Posted on 8/31/17 at 4:29 pm to geauxcats10
Honestly it is what your comfort level is.
I have a taxable robo advisor account using Wealthfront.com for things like what you described. House improvements, car down payment savings, vacations etc. This is not for my emergency fund, but anything above and beyond that. You can set your comfort risk level as well.
Wealthfront is just one option, vanguard has one, betterment, etc all similar options.
As the memes above stated you can also just open a vanguard taxable account and invest in any of their ETFs or Mutual funds as well.
Keep in mind this has risk to go with it, but you can set your risk level.
I have a taxable robo advisor account using Wealthfront.com for things like what you described. House improvements, car down payment savings, vacations etc. This is not for my emergency fund, but anything above and beyond that. You can set your comfort risk level as well.
Wealthfront is just one option, vanguard has one, betterment, etc all similar options.
As the memes above stated you can also just open a vanguard taxable account and invest in any of their ETFs or Mutual funds as well.
Keep in mind this has risk to go with it, but you can set your risk level.
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