I’m hoping to buy a house in the next 2-3 years. I currently have about $100k in a brokerage account that’s down ~50k (eg ~150k invested, currently at 100k). I’m considering the following options:
1. Rebalance to an S&P 500 fund and harvest the loss, continue adding to the fund at 3.5k/month
2. Rebalance to an S&P 500 fund and harvest the loss, leave amount as is and save for house in HYSA (to avoid potential additional loss in the next 2 years)

Any thoughts/anything I haven’t considered?

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If you are saving for a house you should not be putting all of it in the market. You don’t have control over how it performs.

Instead put it in safer areas such as HYSA, T-Bills, series I Bonds, CD’s.

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I guess options 3/4 would be to leave the fund where it’s currently invested (blue chip growth fund) and either continuing adding to it or saving for the down payment in the HYSA

Agree on option 2, this is what I do with my down payment fund. Currently getting 3.30% with Ally so way better than the market last year , and possibly this year. Your 100k could drop to 50k if you leave it in the brokerage for that short or duration.

If you need the money in 2-3 years, should not be in the market. HYSA, T-Bill, CD etc.

Agree with saving for house is safe & liquid investment (HYSA, CDs etc)

In terms of rebalancing to S&P - is this because your current portfolio isn’t appropriate or in the right allocation ? Tax loss harvesting is a good option if your current allocation is close to s&p else you are just booking loses.

If you are fundamentally changing how are planning to invest (moving from a mix of funds to simple s&p) that is fine too but make sure you are clear on why you are rebalancing.

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