I am an 19 year old E2 and have a little over 2 years left on my contract. I have a little over $50k just sitting in my savings account. I plan on buying a house back home in a year and renting it out untill my contract ends and I’m out. Any suggestions with what to do with my money till then? I know money sitting in my account is just losing money but I’m not sure what to do with it. I have almost no bills and I am good with saving money. Any advice?
Advice what to do with my money
byu/conhills inMilitaryFinance
Posted by conhills
2 Comments
Is the money in a checking account or HYSA? If it’s in a checking accojnt I would move it to a HYSA to gain some money since it’ll only be short term instead of investing it.
Skip the landlord. Horrible business to be in right now.