I have $65,000 that I need to invest but I want to make more than the bank is offering. Where can get a high return with any risk?
This exact question was just asked of me the other day.
You would be surprised how often I get asked this. More times than I can count!
We’re in an eventful time where the stock market is behaving like a schizophrenic and interest rates are at record lows – again. (I’ve refinanced my house twice!)
Low mortgage rates are great, but how do you actually make money in the short term?
In such an unstable market, short term investing may be a safer alternative for investors.
Short term investing allows investors to invest their money with little or no risk, while knowing their money is not going to be tied up for long periods of time.
The typical short term investment is for several months, or a few years, and can be turned into cash or other short term investments when they reach maturity. (In the investing world, “long term” investments are really long term — often decades — which leaves room for short term investments that can still last several years.)
Before I share the best short term investments for your money, I first want to share where not to put your money: the stock market.