The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: Mississippi Mudstache on November 16, 2016, 08:34:23 AM
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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?
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Cash is probably the best IMO if you need the money that soon.
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Actually, I just remembered the bank account bonuses page at Doctor of Credit (http://www.doctorofcredit.com/best-bank-account-bonuses/). 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.