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re: What's a "normal" amount of money for a late 20s person to have in savings?
Posted on 7/27/13 at 3:10 pm to foshizzle
Posted on 7/27/13 at 3:10 pm to foshizzle
quote:
I have no idea why people use savings accounts anymore. There isn't anything they do that you can't do better some other way.
What type of account would you use for saving for a down payment on a house?
1
Posted on 7/27/13 at 3:17 pm to The Easter Bunny
quote:
What type of account would you use for saving for a down payment on a house?
Depends on what kind of time table I'm looking at. If we're talking between one and three years, I'd probably play it safe with a CD. More than three years and I'd probably pour it into either an index fund or a very conservative bond/equity basket fund.
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