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I do. I use Ally banking which is 1%. Great place to store a house down payment.
by ChadMoran 10y ago
I do. I use Ally banking which is 1%. Great place to store a house down payment.
- fredleblanc 10y agoI just did exactly this myself. So many people say that you'll make so much more in the market, but 1% guaranteed feels so much better than maybe something more. And we got a new house in the end!
- ChadMoran 10y agoUnless you're looking to buy a house in 5+ years putting your down payment in the market is super risky. When you have $100k+ in a savings account $1k/yr isn't bad.