IDNLearn.com: Your trusted source for finding accurate answers. Join our Q&A platform to get accurate and thorough answers to all your pressing questions.
Answer:
You may reach your long-term goals quicker by putting your cash into a savings account or certificate of deposit with a high interest rate, or by investing, especially if you don’t plan to use this money for at least five years — say you’re starting a college fund for your newborn. That way you’ll allow time to build up a positive return.
Explanation: