Hi All, I am looking to buy a house (HCOL area) within the next 2 years and I would like to know what I should do with the money I am saving for a down payment. My goal is to hit 400k and I currently am at 265k. The breakdown of that is 6k crypto, 75k cash earning 4.65%, 165k in the S&P, and then around 20k split up in various stock picks, meta, Blackblaze, Ebay, Starbucks, Net, Amd, etc. Does it make sense to move everything into something safer like a savings account given the short term nature of the upcoming purchase, or would it be considered smart in the financial world to keep at least some of the money in the market itself like I have now?

General advice that is shared is that if you need it for the near future, take it out of stocks and put in HYSA Now, "near future" is not exactly a number but I think 2 years is definitely something you want to move to a safer account

I'm no expert. But given the 2 year time frame, I'd take it all out and put into a HYSA or CD. My assumption is that you have a steady source of income that will contribute the other 135k difference, and not that you're looking for earnings on your current savings to make up the difference.

+1 for the take it out and put it in HYSA, CDs or government bonds. Whichever has the highest rate.

Plus one for everything above. A stock portfolio should not be used for a 2 year time frame.

And we are getting closer to the previous highs, so you don’t need to stress too much about selling low

Same here - we are piling up money for a major purchase and I moved it to a HYSA as well