I’m putting away $300 a month, my question is where to put it. savings account has basically 0 interest, there are HYSA (high yield savings account) that would give me 3-5% apy, or I already have some money in stocks that have grown consistently 25% over the last year (index funds only)

what would you guys recommend? I’m looking to buy it probably 3 years from now. that way either I’ve got a fat down payment or I can just buy it cash

thanks

  • strawberryOP
    1•21 hours ago

    I want a car though, I’m a car guy

    unless I buy a motorcycle

    • @RBWells
      1•20 hours ago

      I have a car and love it (Accord Sport 6 speed manual) but use the electric bike to commute, and let the kids take the car since they have a longer drive. I want to keep it when they move out though, it’s just such a great car and harder to find stick shift now.

      But if it didn’t rain so much here, I do think I’d sell it to the kids (cheap since it’s paid off)

      Motorcycle insurance here is like $100 a year but car insurance about $300 a MONTH, so make sure you budget for all those extra costs, fuel, insurance, maintenance.