Short-Term Bond FundsA short-term bond fund invests in bonds that mature in five years or less. The bonds can be issued by any entity including the U.S. government, companies, and corporations. You’ll need a brokerage account, with Charles Schwab or Fidelity, for example, to invest in...
For all these goals, cash needs to be put someplace where it's safe and accessible on a whim. Enter short-term investment vehicles: the perfect place to stash the cash you'll need within the next five years. Though short-term investments typically come with lower rates of return than long...