• 14 Posts
  • 48 Comments
Joined 2 years ago
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Cake day: June 7th, 2023

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  • root@lemmy.worldOPtoPersonal Finance@lemmy.mlBuying into VOO
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    26 days ago

    Definitely. I have my retirement in a large cap, mid/small cap, international and bonds. My rIRA is a low cost Vanguard age based portfolio and my 529 is mostly large cap. I still have quite the horizon on those accounts so I don’t mind being a bit risky, but for this ‘savings’ account I should be a bit more safe. I think I got my answer here. I’ll hold off on VOO and just use HYSA as I’ll probably want to try making a down payment on a house in the next 5 ish years.


  • root@lemmy.worldOPtoPersonal Finance@lemmy.mlBuying into VOO
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    26 days ago

    Those are all great points. This would basically be a longer term general savings fund. I have other funds for retirement, education, etc.

    I do have a goal of buying a house in the next 5 years, but that would basically be putting RSUs into this (or another) account as they vest over the next 5 years. So maybe this wouldn’t be the best choice for that type of strategy