Many of us want to invest, but when we finally have some cash, the big question is where to put it? The simple answer is that it really depends on why you want to invest. Do you want to create an emergency fund, go on vacations, buy a car, repay a loan or create wealth?
Based on your financial goals, you can set an investment horizon. For an immediate goal like creating an emergency fund, you should focus on liquidity while investing since you may need this money even in the short term. But if you want to create wealth, you can choose a long-term investment horizon and set your asset allocation focus on growth.
