Posts tagged Ginny Mae Fund
I am saving for a down payment for a house; should I keep the money in my savings account or move it somewhere different?
I am saving for a down payment for a house; should I keep the money in my savings account or move it somewhere different?

Considering you have a 3-year timeline, a standard savings account isn't optimal due to the low interest rates being unlikely to keep up with inflation. A money market savings account or certificate of deposit would be a better to consider. If you are comfortable with taking on more risk . . . .

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Life Planning, InvestingJoshua Escalante Troesh, CFPBuying A Home, Ginny Mae Fund, Treasury Bond Fund, Investment portfolio, Money Market Funds, Money Market Accounts, Savings, Certificates of Deposit (CDs)