r/FHSA

▲ 3 r/FHSA

What to invest into for FHSA with 5 year time horizon?

I am new to investing and opened my FHSA towards the end of last year.

I am really confused about what to invest into with a 5 year time horizon.

What have you guys done in this scenario?

Can you please advise on what should one invest into for this time horizon in FHSA?

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u/conscious_0001 — 9 days ago
▲ 1 r/FHSA+1 crossposts

FHSA - already purchased home

My husband and I just purchased our first home, closing July 2. We just learned about the FHSA... Is this something we can each open now and max out the $8000 contribution room and withdraw before closing? Will this affect getting our mortgage or anything in any way?

I asked my mortgage broker and he told me I should forget about it and don't bother as it's not worth the trouble, but everything I've read about the FHSA seems to be beneficial to us??

Thanks!

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u/flipittiesrever — 14 days ago