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A savings account is an example of a Short-term investment
Real estate is an example of a Long-term investment
A U.S. savings bond is an example of a Long-term investment
A 401(k) account is an example of a Long-term investment
It is correct just answered it.
Investment could be on a short term, middle term and at times it could be on a long time.
- A savings account is a short term investment
- Real estate, US savings bond and 401(k) account are long term investments
Money kept in a savings account are often not regarded as investments, because they are easy to access.
Because the average rate of interest is around 0.06%, it is almost impossible for the money kept in a savings account to grow reasonably.
Other forms of investment such as real estate, US savings bond and 401(k) accounts are long term investments, and they have a higher yield.
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