Fiance Moving in. Investment help!
Hello!
My fiancé will be moving in sometime in July, and once that happens it’ll free up a pretty significant amount of money for us each month. After all bills, rent, food, insurance, retirement contributions, etc, we should have around $3–4.5k/month left over to invest.
Our main goal is hopefully buying a house within the next 3–5 years, so building a solid down payment is definitely the priority. We’re also fortunate enough to have zero debt, which gives us a lot of flexibility.
Luckily due to the nature of our jobs and family support, childcare will also be fully covered in the future, so that’s not something we really need to heavily save for either.
With that timeline in mind, what would you guys personally recommend? HYSA? Index funds? Mix of both? We’re trying to balance growth while also not risking our future down payment too heavily. We are both 24, so are definitely open to some longer term plays as well!