▲ 6 r/fiaustralia
How do I balance investing in ETFs & saving for a deposit?
Hi all,
I am 19 and am seeking advice on how to balance investing in ETFs and a deposit on a house, ideally in about 7 years. I currently am at uni and am working casually & all of my savings is currently tied up in my etf portfolio.
Should I continue depositing the majority of my income into ETFs and then selling a part of the portfolio for a deposit when ready, or should I have two seperate buckets for each goal? I definitely want to continue my etf investment, but am wondering if it would be reasonable to reduce the amount to make a dedicated house deposit savings
Ik I haven’t given a lot of context into my exact situation, but am looking for general advice. Thanks
u/Healthy_Repair_9938 — 3 days ago