It's your money, and you need it now! In this episode, we discuss the best short-term investments when you want to earn a return from your cash - without exposing it to a risk of loss. We cover:
- How current events may drive people to make bad investment decisions
- Why you have to start the short-term investment convo with an understanding of risk and reward
- What to look for when considering a short-term investment (and what you should expect)
- Red flags to avoid when presented with investment opportunities
- Specific investment vehicles to consider for your cash when you want some kind of return, but also need to keep that money safe
We wrap up the conversation with a lightning round of dos-and-don'ts, questions-and-answers on the best short-term investments you might want to consider for your own cash - and a warning on why it's almost never "different this time."