Saving for down-payment

[Futuremaang]

Hi Everyone, 

How to invest existing money to grow safely for a home which is closing next year, 2025. I have 1 year time with me. Aiming for 20% down. I currently have 10% saved in hysa. Home price :500k.

Not interested in investing in stocks as it's very volatile. Should I invest in index funds like VTI /VTO etc? Any tips to grow money while being cautious? 

 

List of questions to ask lender? Things to consider from your experiences

 

Thank you

 

[Arjun9]

Invest in some Savings account with around 5% interest rate and take out next year..

If ready to take some risk, invest in some good ETFs like Vanguard etc

50k ki oka 2.5 vastaai.. Use to buy some appliances..

[hydusguy]

6 minutes ago, Futuremaang said:

Hi Everyone, 

How to invest existing money to grow safely for a home which is closing next year, 2025. I have 1 year time with me. Aiming for 20% down. I currently have 10% saved in hysa. Home price :500k.

Not interested in investing in stocks as it's very volatile. Should I invest in index funds like VTI /VTO etc? Any tips to grow money while being cautious? 

 

List of questions to ask lender? Things to consider from your experiences

 

Thank you

 

just buy options of nvda or smci with all savings if clicks buy house with cash .

 

jk

[aimodel]

6 minutes ago, hydusguy said:

just buy options of nvda or smci with all savings if clicks buy house with cash .

 

jk

if ducks nela nakkichestharu 

[Pavanonline]

1 hour ago, Futuremaang said:

Hi Everyone, 

How to invest existing money to grow safely for a home which is closing next year, 2025. I have 1 year time with me. Aiming for 20% down. I currently have 10% saved in hysa. Home price :500k.

Not interested in investing in stocks as it's very volatile. Should I invest in index funds like VTI /VTO etc? Any tips to grow money while being cautious? 

 

List of questions to ask lender? Things to consider from your experiences

 

Thank you

 

1 year is not enough time for "safe" investments. keep them in hysa

[pakeer_saab]

1 hour ago, Futuremaang said:

Hi Everyone, 

How to invest existing money to grow safely for a home which is closing next year, 2025. I have 1 year time with me. Aiming for 20% down. I currently have 10% saved in hysa. Home price :500k.

Not interested in investing in stocks as it's very volatile. Should I invest in index funds like VTI /VTO etc? Any tips to grow money while being cautious? 

 

List of questions to ask lender? Things to consider from your experiences

 

Thank you

 

1yr is too short time to invest in stocks and expect returns

leave the m in hysa, asalaina migultadi

[DuvvaAbbulu]

17 minutes ago, pakeer_saab said:

1yr is too short time to invest in stocks and expect returns

leave the m in hysa, asalaina migultadi

Hysa ante enti bro !!!

[bulreddy]

12 minutes ago, DuvvaAbbulu said:

Hysa ante enti bro !!!

high yield savings account 

[phatposts]

Savings account that avgs 5% is the way to go. 

Fidelity laanti chota account unte put them in a MMF that is netting 4.87% avg (last 1 year)

https://fundresearch.fidelity.com/mutual-funds/summary/31617H102

These are simple to put money in and take out when needed without having to open/close savings accounts. 

A different but managed approach would be to research savings accounts where they give introductory bonus and pay 4% APY (instead of the market value of 4.75%) - add the bonus and 4% (example) and recalculate APY. This takes small amount of research and effort to make few more $.

https://www.doctorofcredit.com/high-interest-savings-to-get/

[Bendapudi_english]

2 hours ago, Futuremaang said:

Hi Everyone, 

How to invest existing money to grow safely for a home which is closing next year, 2025. I have 1 year time with me. Aiming for 20% down. I currently have 10% saved in hysa. Home price :500k.

Not interested in investing in stocks as it's very volatile. Should I invest in index funds like VTI /VTO etc? Any tips to grow money while being cautious? 

 

List of questions to ask lender? Things to consider from your experiences

 

Thank you

 

Robinhood lo just petti vadhiley anna , 5% isthunadu 

[DJBravo]

Anna Ipudu Robinhood lo 5.25% APY istha antunnadu. What does it mean if I move my savings for eg 10k? 

[Balibabu]

2 hours ago, hydusguy said:

just buy options of nvda or smci with all savings if clicks buy house with cash .

 

jk

Car trunk lo cash load cheskoni builder gadi bayatiki pilichi moham meda kottamantava  

[phatposts]

26 minutes ago, DJBravo said:

Anna Ipudu Robinhood lo 5.25% APY istha antunnadu. What does it mean if I move my savings for eg 10k? 

$100 ki 1 year ki $5.25 interest money. 

10K ki 1 year ki $525.00 vastundi. 

[Balibabu]

1 minute ago, phatposts said:

$100 ki 1 year ki $5.25 interest money. 

10K ki 1 year ki $525.00 vastundi. 

10% already vundi antey 50k so 52,625 5.25% Annual interest rate avutey

[Deadp0ol2]

keep them in your savings account man. ekkuva alochinchi unnavi podagottokoku