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5 Best Short-Term Investments For Generating Income

If you need income over the short term, whether for a few weeks or a few months, there is no reason to count the days until your next paycheck or turn to predatory, high-interest loans. If you have liquid assets in a brokerage account, you have many ways to put that money to work.

Short-term investment strategies can take idle cash or parked securities and convert them into a steady stream of distributions. Just be sure to reserve a portion for taxes, since much of this income may be taxable at the federal or state level.

Here are five of the best types of short-term investments for generating income, according to experts.

This post originally appeared at U.S. News & World Report.