How to Money cover image

Ask HTM - Prepaid College Plans, Maturing Savings Bonds, & Settling the Roth vs Trad 401k Debate #694

How to Money

00:00

How to Save for a Long Term Goal

Alec Ally: What's important is to think through what you're planning to use that money for. Once you designate what goal this money is going to help you to achieve, then I think that can help inform what you should be doing with it. He says CDs are kind of like that suit. It's not the most casual thing but also not the most dressy thing. Alec Ally: They'll really only make sense for people who have those medium term goals other than that straight up liquid savings and investing in the market are the two best things.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app