Short-term investments offer liquidity – and more

Generally speaking, investing is a long-term process. You invest in your IRA and 401(k) to reach a long-term goal – retirement. You may invest in a 529 education savings plan for many years to reach another long-term goal– college for your children. But is there also a place in your portfolio for shorter-term investments? In a word, yes. You have three good reasons for owning shor...