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These attributes signify that your cash will not be in danger and can be available when you must use it, which is probably the significant explanations to possess a small-expression investment decision.
Dangers: As with a bond fund, person bonds will not be backed by the FDIC, but are backed by the government’s assure to repay the money, so that they’re considered incredibly Secure.
Should you’re trying to spend cash to the short term, you’re in all probability looking for a safe place to stash cash just before you need to entry it within the not-so-distant long term.
In which to acquire them: You should purchase them at just about any on the internet broker that offers ETF and mutual cash.
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Liquidity: A very good short-expression investment decision usually delivers high liquidity, more info meaning you could access the cash invested in it promptly.
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