[USER]

I currently have $60k in Wealthfront earning 5.5% interest. I’m considering moving all of it into VOO or QQQ and leaving it there for 3-4 years.

Is this a good idea? I’m also planning to buy a house in that time frame, so I might need to withdraw the money for a down payment. Thanks!

[Lee]

You could be a hero, or you could be a huge zero. With that short of timeframe I’d say you are probably better off keeping it in a HYSA or purchase some cds as the interest rates may drop.

[George]

Don’t put in stock if you need it within 5 years, or put like 20% in stock

[Heather]

Not all of it if you don’t have another emergency fund, especially when your going to withdraw it in that time frame. Maybe 25-40% and keep the rest in HYSA

[Mack]

If you have other funds ready, I don’t see why not. My 3 years of VOO gained near 25%.

[Tom]

The stock market almost always makes money in 5 years, pretty sure to in 10 and all but guaranteed to in 15.
3 years is slightly better than rolling dice.

[Author]

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