What's the best way to save up for a car? USA - eviltoast

I’m putting away $300 a month, my question is where to put it. savings account has basically 0 interest, there are HYSA (high yield savings account) that would give me 3-5% apy, or I already have some money in stocks that have grown consistently 25% over the last year (index funds only)

what would you guys recommend? I’m looking to buy it probably 3 years from now. that way either I’ve got a fat down payment or I can just buy it cash

thanks

  • ShepherdPie@midwest.social
    link
    fedilink
    arrow-up
    3
    ·
    6 hours ago

    As opposed to random people who wrote their opinion on a webpage or something? These groups are great for crowdsourcing lots of ideas you may have never even considered, and its not as if saving for a car is some niche topic. Can you point to any comments here that seem like bad advice?