A savings account is an example of a short term investment. Real estate, US savings bond and 401(k) account are examples of a long term investments.
There are short term, medium term and sometimes long term investments. Funds kept in savings accounts are often not considered investments because they are easily accessible. With average interest rates hovering around his 0.06%, it's nearly impossible for the money in your savings account to grow reasonably.
Other investments such as real estate, US savings bonds, and 401(k) accounts are long-term investments. These are assets that individuals or businesses plan to hold for more than three years. Long-term investors take big risks to get higher returns.
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