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Money Guy Show

"I'm Buying a House in 3 Years - Should I Stop Investing?"

Jul 10, 2024
The podcast discusses whether to pull out house down payment money from the market or keep investing for a house purchase in 3 years. It also covers motivating friends to save and invest, understanding insurance deductibles for financial security, and curating personal playlists while planning for a house purchase.
32:40

Podcast summary created with Snipd AI

Quick takeaways

  • Consider shifting investments to cash for a house down payment within 3 years.
  • Balancing market performance and liquidity needs is crucial for financial goal planning.

Deep dives

Investing for the Future Home Purchase

If you have savings for a house down payment invested in the market and plan to buy a home in three years, there are considerations to make. While the market is currently strong, you may want to assess the potential risk. It is generally advised that funds needed within three to five years should be in cash to avoid market volatility.

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