skinsfan wrote:I have been reading these forums for a couple years, but this is my first post. I have started saving for down payment on a home and my question is, is it worth investing this money?
My situation: 25 years old. No debt. Emergency fund. Relatively stable employment, with income ~$60k/year. Contribute 10% to roth 401k with 4.5% company match. Currently living in rented apartment.
So I am now taking 12k out of my savings (still leaving a comfortable emergency/sh*t happens fund) and designating it to save for future down payment. I will also be saving $1,000/month for this purpose. My time frame is 4-7 years.
I am looking for opinions on whether I should invest this money or, if not, where to keep it. One idea that I have had is investing this money in a Vanguard LifeStrategy fund like the LifeStrategy Income fund (80% bonds, 20% stocks). Should I be concerned that T-bond interest rates are so low and will likely rise over the next 4-7 years?
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