You may have heard multiple times that investing for a longer duration is more beneficial than short-term investments. This is true due to the power of compounding that your long-term investment enjoys. There are several options for making long-term investments.
But, what if you want to invest only for a shorter duration, say just three years? What if you just want to park your money for three years to meet an important financial goal? You may like to know about good investment options for three years in the current time of uncertainty and the pandemic.