Top Short Term Investment Options – Invest Wisely, Live Well

Municipal Bonds

Municipal Bonds As An Investment Option

Municipal bonds (bonds issued by a state or local government agency) give you a yield that is upward of 4 percent. However, they come with the risk that if the interest rates rise, the value of the municipal bonds go down.

However, they are still less risky than TIPS, and you can can sell them any time without incurring the risk of a penalty.