which is an example of a short-term investment?\n\nsavings bond\nsavings account\nretirement fund\nchecking…

which is an example of a short-term investment?\n\nsavings bond\nsavings account\nretirement fund\nchecking account
Answer
Brief Explanations:
Short-term investments are financial assets that can be converted into cash quickly, typically within a year.
- Savings bond: These are long-term debt securities issued by the government, often requiring years to reach full maturity.
- Savings account: This is a liquid asset that earns interest and allows for quick access to funds, making it a common vehicle for short-term financial goals.
- Retirement fund: These are long-term investment vehicles (like 401(k)s or IRAs) designed for wealth accumulation over decades.
- Checking account: While highly liquid, a checking account is primarily a transactional tool for daily expenses rather than an investment, as it typically offers little to no interest.
Answer:
savings account