which investment is best for someone who is likely to need cash soon?\no mutual fund\no cd\no 401(k)\no…

which investment is best for someone who is likely to need cash soon?\no mutual fund\no cd\no 401(k)\no savings account

which investment is best for someone who is likely to need cash soon?\no mutual fund\no cd\no 401(k)\no savings account

Answer

Brief Explanations:

A savings account offers high - liquidity, allowing easy access to cash. Mutual funds may have redemption periods, CDs have early - withdrawal penalties, and 401(k)s have restrictions on early withdrawals.

Answer:

savings account