{ "media_type": "text", "post_content": "20k in HYSA as emergency fund. 30k in SP500 and balanced ETFs for higher returns and plan to use it for down payment on a home. It can be viewed as risky, but if the stock market tanks then the economy is probably bad and I wouldn't want to buy a home at that time anyway. I'd wait until the economy and stock market stabilizes. Is my logic sound? TIA.", "post_id": "5f4f08258335f200225c08a6", "reply_count": 4, "vote_count": 2, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

20k in HYSA as emergency fund. 30k in SP500 and balanced ETFs for higher returns and plan to use it for down payment on a home. It can be viewed as risky, but if the stock market tanks then the economy is probably bad and I wouldn't want to buy a home at that time anyway. I'd wait until the economy and stock market stabilizes. Is my logic sound? TIA.

likefunny
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Counterpoint: if the economy is bad, the housing market will favor buyers so you could get more house for the money.

likesmart

No. Your level of risk for your down payment should reflect when you intend to purchase. The housing market and economy is not directly reflective to the stock market’s current state

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“Be fearful when others are greedy and greedy when others are fearful.” Market drops are typically brought on by deflationary triggers - ie. the collapse of the MBS market in 2008. If you’re in cash at that time your purchasing power increases and as others have said, you get more for your money. A market crash is usually the best time to buy just about any asset.

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Thank you everyone. Makes sense.

Additional Posts

Comment on this to test rereply notif

Living it up in the city.

Not crashing anymore.

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Post with company

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Testing a new post at 12:06PT 5.12

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Post to test

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Post for tests 2

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I think my team believes that I chose to WFH (or hotel) an extra 5-10% of the time when its chronic pain that causes it. I work just as hard if not harder than you I just can barely moved from my bed.

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I rarely see people get 3 rating here. Tons of 2s and some 1s. I am surprised and it seems 2 is the average and mean now....

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When I know that I can expense the airplane wi-fi but never have and assume it's out of policy so I don't have to be bothered for two hours...

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Anyone flying out of JFK using JetBlue - they shut down TSA pre check and the line is sweaty ass nasty long

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"Congratulations! You have reached a Deloitte career milestone by celebrating your 5 year anniversary...you are receiving a Service Anniversary Award." $100. Thanks for the good laugh, Deloitte.

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I absolutely hate EY’s Fidelity 401k. Deloitte’s Vanguard answers the phone the moment you call. Meanwhile Fidelity I’ve been on hold for 20min+ and this is every time I call.

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Anyone know what the Evanston program is?

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Who is hiring right now ?

If I leave the firm ~2 months before my 2 yr contract ends will the firm come after me for signing/moving bonus?

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For folks living in Maryland/Greater Washington DC area, any inputs on whether Odenton, MD is a good area to live? My office is in McLean, VA and my wife travels to Bowie, MD for work

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If only it were this easy at the client site

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