I am saving money for home purchase, want to find what is best way to get maximum returns without loosing principal(My down payment) ?
Savings account
What is the max interest on CD, is there any penalty for withdraw ?
Asking for broad advice is one thing. But then asking people to Google specific things for you is another.
What's your timeline to buy home
Not sure, so I want to be flexible to pull funds anytime
Step 1 figure out timeline. Otherwise it's up to personal choice and risk tolerance. Low risk: ally savings account: 2% Ally cd: 2.75% Medium risk: Bonds such as MUB, or vbtlx High risk: Stocks + bonds. You can choose you allocation. Can always do 80% bonds 20% stocks.
T bills
Savings account in an online bank - Ally, Marcus etc.
Buy bitcoin
Index funds
Savings account. Period!
Tech Industry
14h
3548
11 offers to laid off[UPDATE]: 5 offers
Personal Finance
Yesterday
1451
Are we ready to buy our forever home?
Software Engineering Career
Yesterday
640
anyone else out there give super gentle interviews?
Ask Blinders
Yesterday
1570
Top red flags in guy to see before saying yes to marriage (arranged)
Tech Industry
7h
393
The new Tesla Model 3 P goes from 0-60 in 2.9 seconds
Buy CD