If you’re planning on making a big purchase like a house in the near-term, you want to put those savings in an account with a plan designed to achieve your goal in the timeframe you want. Balancing your risk preferences and the timeline of your purchase is important to get to your goal as quickly and safely as possible.
To do so, we recommend saving in a dedicated account for that purpose. That way, you can adjust your investments on at least a yearly basis as you lead up to your large purchase, balancing the risk and reward of investing with the need to use your savings to make your purchase.