Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Investment Strategies and other Investing topics.
If your investment goals are all short term, avoid riskier investments such as stocks and stock mutual funds. Although stocks do produce the highest interest rates in the long run, they are extremely volatile in the short run. If you are investing with the intention of buying a house in a few years or paying for a high school child's college tuition, stick with safer investments such as bonds and CDs.
Guru Spotlight |
Jennifer Mathes, Ph.D. |