Author Topic: Down payment money in my HSA - What would you do?  (Read 2046 times)

Mississippi Mudstache

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Down payment money in my HSA - What would you do?
« on: November 16, 2016, 08:34:23 AM »
I currently have about $18,000 in my HSA that I plan to pull out to use for a home down payment at some point in the next 3-6 months. I will be re-imbursing myself for health care expenses incurred over the past 3 years to access the money tax-free. Currently, the money is split 75% VTI (total US stock fund) and 25% VEU (total world ex-US stock fund). I feel like something more conservative is appropriate, given the short time frame that I'm dealing with.

I was planning to switch to a balanced fund (50% stock/50% bonds), but I'm wondering if I shouldn't just go ahead and convert it to cash instead. What would you do?

Spitfire

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Re: Down payment money in my HSA - What would you do?
« Reply #1 on: November 16, 2016, 09:14:44 AM »
Cash is probably the best IMO if you need the money that soon.

Mississippi Mudstache

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Re: Down payment money in my HSA - What would you do?
« Reply #2 on: November 16, 2016, 10:09:51 AM »
Actually, I just remembered the bank account bonuses page at Doctor of Credit. I think I might use the money to open a couple of checking/savings accounts to earn a few hundred bucks over the next few months. Problem solved - no chance of investment losses and guaranteed gains.