Short-term investments, also known as marketable securities or temporary investments, are those which can easily be converted to cash, typically within 5 years. Many short-term investments are sold or converted to cash after a period of only 3-12 months. Some common examples of short term investments include CDs, money market accounts, high-yield savings accounts, government bonds and Treasury bills. Usually, these investments are high-quality and highly liquid assets or investment vehicles.
You can cancel your investment without wasting a lot of money.
Step-by-step explanation:
Short-term means that you dont have it for a long time, so you could basically wait it out and then cancel.
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