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Megan C
Megan C, Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 16544
Experience:  Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level
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Hello. interest rates I am aware are not terribly high for

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Hello. interest rates I am aware are not terribly high for short-term investments. I can only put up to 5,000 dollars annually into the retirement account. Well I'm looking for a way to put money into short-term and long-term investment50/ 50 percent so what are good options, outside of the IRA? Many thanks

Megan C :

Thank you for your question, and thanks for using JustAnswer.com

Megan C :

How are you today?

Megan C :

Right now, the best option for your money is to invest in targeted mutual funds.

Megan C :

But, I'm not sure if those are available outside IRAs

Megan C :

Honestly, outside the stock market there's no good short term option for your money

Megan C :

and no real good long term options either, if you are looking for "safe" inivestments

Customer:

Thank you

Megan C :

You're welcome

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