Need to start a swimming pool fund. I want a pool with a grotto, slide, and other fixins.

3-5 year horizon. Should I put the money in an index fund and DCA? Thank you!

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Typically if you want to spend the money in 3-5 years, you should just put it in a savings account or CD. If you invest it, you run the risk of losing a big chunk in that time horizon and needing to wait 3+ years to recover it.

Others on this bowl are more aggressive investors (and it’s not *wrong* to roll the dice), but if it were me I’d just save it.

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With the returns and low expense ratios on index funds, it’s not even rolling the dice. HYSA maybe but CDs are useless IMO.

Thank you for the insight.

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That’s why I am getting out of most of my stocks. Bag holding losers. I will be careful.

Refinance and use the cash fir the pool now. Pool is more valuable now so you can actually use it

This would be a new house. We are buying a new house in September. Hoping it has a pool already but being realistic.

Hmbradley HYSA

How much are you budgeting for this pool? Would like to do something similar some time in the future and have no idea what it would cost.

Get outta cookie cutter home land and you can get great backyards

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Post Photo
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