I don't know if this is the best place to post this, so please recommend if there is a better community:
I'm starting a new job soon, and would like to save up as much of the extra income as possible for a down payment on a house, potential a vacation home I can rent out.
My goal is to have a good down payment within 1 to 2 years. I hate the idea of just putting this in a savings account, as there is so much earning potential in an ETF, like VOO. But with market volatility, I don't know that an ETF would be a wise choice.
What would the best means of saving and passively earning interest be for a year mark? Traditional savings? An ETF? Something else?
Keep in mind that I will be contributing to this monthly, so a CD is not a solid option.
submitted by /u/starla_brite
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