Extra money advice | TigerDroppings.com
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Bonjourno
LSU Fan
New Orleans
Member since Jan 2010
2038 posts

Extra money advice

I'm currently in a good situation with my job where I have extra money in savings and will continue to be able to save for about another year until I look to buy a house. I feel like it's no good to have it all just sitting in savings. My fiance has some in Vanguard's mutual fund, so I don't know if I should stay away from that and go with something else. I am obviously no financial guru. Any advice would be appreciated.


tiger91
LSU Fan
South of Lafayette
Member since Nov 2005
13964 posts

re: Extra money advice
I'm far from an expert BUT if you don't already have a ROTH set up, do it. Now!


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tigers win2
LSU Fan
Baton Rouge
Member since Oct 2009
2217 posts

re: Extra money advice
If you're going to be using this money to buy the house in a year; don't risk it. Keep it safe in shirt-term investments like money market or CDs. You wont make anything, but your not going to lose it.
This post was edited on 4/7 at 1:52 pm


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