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A 50-year-old renter holding $150,000 in cash for a future down payment earns roughly $2,565 yearly, while a $400,000 home appreciating at 2.4% gains $9,600 in the same period.
Treasury bills currently yield around 4%, generating $6,150 annually on $150,000. That is more than double the national CD average of 2%.
Down-payment funds needed within five years should stay out of volatile equities and instead ladder into Treasuries aligned with the target purchase date.
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