Should I invest or save for a house deposit?

It depends on your time horizon and risk tolerance. Savings is safer short-term; investing may help long-term but can drop at the wrong time.

Compare ETF vs Savings outcomes

Start with your timeline

Short timeline (1–3 years): savings is often safer. Longer timeline (5+ years): investing may be more reasonable if you can tolerate volatility.

The risk you’re avoiding

Markets can drop sharply. If you need the money during a downturn, you might be forced to sell at a bad time.

How to use the calculator

Run two scenarios: a conservative savings rate and a conservative ETF return rate. Compare the difference, then ask: “Is the potential upside worth the risk for my timeline?”

FAQ

Is investing for a deposit a bad idea?

Not always. It can be reasonable for longer horizons, but it’s risky if you need the money soon.

What timeline is safest for investing?

Many people prefer 5+ years when investing for a goal, but it depends on volatility and your flexibility.

Should I split the difference?

Often yes: keep a safe base in savings and invest a smaller portion if your timeline allows.

What if savings rates rise?

Great — rerun the comparison. The point is to test scenarios.

Where can I learn the compounding basics?

See /how-compound-interest-works.html.

Related links

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