E46Fanatics - View Single Post - Rolling over 401K & down payment savings
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Old 03-16-2017, 10:28 AM   #7
wallaby13
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Join Date: Nov 2015
Location: Seattle
Posts: 269
My Ride: '05 ZHP 6MT
Quote:
Originally Posted by nikkeiS2K View Post
I take that back. I won't be day trading with my down payment savings, but I will be investing in more riskier investments for the first 2-3 years since I am looking at a 5 year timeline until I purchase a home. As I close in buying a home I will kick it back a few notches and invest in safer investments.
As someone who did just that, I have some advice (feel free to ignore it). Just throw the down payment money in some mutual funds and let it grow there. Of all the stocks I played I maybe broke even. All the time spent checking the account and researching companies was a pretty poor use of my time.

But as always your luck will vary.
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Last edited by wallaby13; 03-16-2017 at 10:28 AM.
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