Hello! It’s great to see you’re thinking strategically about your financial future and considering both long-term investments and your near-term goal of buying property.

Given your situation, where you have a significant deposit saved and a clear timeline for when you’ll need the funds, it’s important to weigh the potential risks and rewards of investing that money in the market versus keeping it in a safer, more liquid form like a high-interest savings account.

Since you plan to use the deposit for a property purchase in about 3 years, the primary consideration should be the risk associated with different types of investments. Generally, investing in the stock market is better suited for longer-term goals due to the volatility and potential for short-term losses. The stock market can offer higher returns but comes with higher risk, especially in the short term. Given your timeline, there’s a real risk that if the market takes a downturn, your investment might not have enough time to recover before you need to access the funds.

Keeping your deposit in a high-interest savings account, as it currently is, provides a stable and predictable return with very low risk. The 5% interest rate you mentioned is quite competitive and offers a guaranteed return without the risk of losing principal, which is crucial when you know you’ll need the money in a relatively short timeframe.

For your long-term investment plans, starting to invest smaller amounts monthly is a wise strategy. This approach, known as dollar-cost averaging, can help reduce the impact of volatility by spreading out the purchase of assets over time. It’s particularly effective for building wealth over a period of decades, as it allows you to take advantage of market dips and grow your investment gradually.

In summary, for your short-term goal of buying property in three years, keeping your deposit in a high-interest savings account is likely the safest and most prudent option. For your long-term investment goals, r

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