If you have been researching your short term investment options then there’s a little guide to get more ideas. There aren’t very many great options for you to make sure that you don’t lose your money after investing, but here are few ways that could help you.
Certificates of deposit
One of the unknown options is certificates of deposit that allow you to lend money to United States government with a nice interest rate throughout the inflation. You can be sure that you won’t lose your money because of inflation and other bad things.
You can easily use a savings account for holding your money for few months up to one year. There are many different banks that offer that service, but Capital One 360 bank is one of the best.
Short term municipal bonds
People of higher tax bracket can take advantage of getting individual municipal bonds, but you need to be careful because they come with higher risk because their interest changes a lot.
Let me know what you think and if you have suggestions leave them below.