What kind of savings account for house

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Forum -> Household Management -> Finances

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amother

Fri, Mar 29 2024, 12:44 pm

We bh have yerusha that will make up a large part of our down payment. We have that in CD for now.
The savings that we’re saving up separately (to add to the down payment or be used for repairs, etc) should be put in a regular savings or invested into an index fund/etf and added to every month?

amother

Currant

Fri, Mar 29 2024, 1:23 pm

If you’re planning to buy a house soon, either a high interest savings account (4-5%), possible ibonds, or a CD

amother

NeonOrange

Fri, Mar 29 2024, 1:27 pm

Index is best for long-term investment. Cds are safest options for short-term investments

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