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Updated about 3 years ago on . Most recent reply

Tiffany Onwudinanti's profile image
Tiffany Onwudinanti's profile image
Tiffany Onwudinanti
  • Real Estate Investor
  • from Colorado Spgs, CO
  • Member since Jun 10, 2016
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30
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24
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Tiffany Onwudinanti's profile image
Tiffany Onwudinanti's profile image
Tiffany Onwudinanti
  • Real Estate Investor
  • from Colorado Spgs, CO
  • Member since Jun 10, 2016
Connect
Tiffany Onwudinanti
  • Real Estate Investor
  • Colorado Spgs, CO
24
Votes |
30
Posts
Personal Finance

Using an Index Fund as your Savings Account... a new strategy?

Tiffany Onwudinanti
  • Real Estate Investor
  • Colorado Spgs, CO
Posted

I was watching a Meet Kevin video (here is the link) and he talks about the detriment of ordinary savings. He then mentions how putting your savings in an index fund is a better bet, and not just keeping your money dead in an account. Would like to know y'alls thoughts, especially those who do this savings strategy. 

I use Vanguard for my Roth. Drop any index funds gems if you know any. 

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