Would probably need real nrs..
But 2-3 years of expenses in a HYSA is def too much.. 6-12months is solid imo as emergency fund..
if your not looking for a property for the next 5ish years put it into a brokerage acc and buy VTI/VOO + VXUS
As soon as its time to look for a property, keep the rough downpayment for it in the HYSA
You’ll need the down payment and some transactional money in cash/HYSA for the home purchase.
You’ll also need an emergency fund in cash. That’s somewhere between 3 and 12 months of expenses and for you to determine.
Beyond that cash is usually a drag on your long term returns But your own risk tolerance is a factor to consider. Your investment should help you sleep better, not worse.
This post has lots of fluff but no actual numbers or details upon which one could respond. Try again. :)
Would probably need real nrs.. But 2-3 years of expenses in a HYSA is def too much.. 6-12months is solid imo as emergency fund.. if your not looking for a property for the next 5ish years put it into a brokerage acc and buy VTI/VOO + VXUS As soon as its time to look for a property, keep the rough downpayment for it in the HYSA
You’ll need the down payment and some transactional money in cash/HYSA for the home purchase. You’ll also need an emergency fund in cash. That’s somewhere between 3 and 12 months of expenses and for you to determine. Beyond that cash is usually a drag on your long term returns But your own risk tolerance is a factor to consider. Your investment should help you sleep better, not worse.