facebookSaving for the downpayment of a house in 4-5 years. Where would you put it in? - Seedly

Fel M

Officer at Government

20 Nov 2020

Property

Saving for the downpayment of a house in 4-5 years. Where would you put it in?

Currently I'm thinking to put monthly investment budget in 70% Stocks ETF and 30% in Bonds ETF and cash out the bonds and whatever Stocks is needed. What are your opinions?

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Jiayee

20 Nov 2020

Salaryman at some company

Money that you need in the short term (<10 years) should not be placed in higher-risk portfolios, like the one you mentioned.

Consider placing the monies in cash management and insurance savings.

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