How to Save for Short-Term Goals While Keeping Long-Term Ones in Mind

How to Save for Short-Term Goals While Keeping Long-Term Ones in Mind
Sutthiphong Chandaeng/Shutterstock
The Associated Press
Updated:
0:00

You shouldn’t have to cross your fingers and hope for a strong stock market to coincide with your short-term goals. And right now, you probably wouldn’t want to.

Because you’re working within a short time frame—think two to six years—investing for shorter-term goals like buying a house or paying for a wedding should look different from the portfolio you build for retirement. But don’t stop putting away money for your long-term goals while you’re working toward your short-term ones.