When Should You Invest in a High Yield Savings Account Versus a Taxable Index Fund?

When saving for a medium to long-term goal, maybe like five to 15 years in the future, when should you save in a high yield savings account versus when should you invest in a taxable index fund? What do you think? Money Guy: Our view here at the Money Guy show, here at Money Guy, is that if you have a goal that is inside of five years, cash is your answer. If interest rates continue to rise, we're going to get back to that place. The nine steps are in that order for a reason and sets you up for success.