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Yes
Buy and hold?
Conversation Starter
I like!
Pro
I'm always in two minds between VOO and IVV. Irrespective, both are great for buy and hold.
Enthusiast
In favor of
Yes. 👍
Yeah I have about 30k to put that I was going to use to buy a home. My plan is just to stay in my apartment for another year to keep saving and investing. Then in 2022 purchasing my starter home.
Pro
VOO is probably the best for this purpose. However, since you'll absolutely need to take this amount out in 1 year, consider the bond funds too so you can retain your principal in the worst case we do have a market correction in 2021. Bonds should be safe till 2023, as the Feds plan to continue on the low interest rates till then.
I might be putting too many thoughts in your head but if I were in your situation I would consider a balanced index fund.