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I have $50K in a checking account and just closed on a home. What should I do with the money?

  • Reddit Personal Finance
  • 01-01
  • 595
  • 0

I have $50K in a checking account and just closed on a home. What should I do with the money? I have about $420k left to pay on new home, doing a 30 yr mortgage. Should I dump 40k on the mortgage or use that money and do a high yield savings? I already have about $100k in stocks+Roth IRA on TD Ameritrade and $50k on 401k.
submitted by /u/winterymint

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  • Personal Finance
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  • 50k
  • account
  • checking

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