Do-It-Yourself Financial Freedom Article

Money you’ll need within four or five years. Keep it in a bank or a money market fund—any account that is readily accessible when the need arises.

Money you won’t have to touch for 15 years or more. Keep it in well-diversified stock index funds, which track the market as a whole rather than trying to pick individual companies. Low-cost stock index funds are offered by Vanguard and Fidelity Investments. T. Rowe Price has index funds, too, but they cost a little more.

Read more on this article............