If I would to pick if short term or long term investment, I would probably go to long term investment. If you are thinking about your family and the future and dreams you want to achieve and future uses and needs, then the practical thinking is to invest long term right? You need to be practical, if you have children then there are mindsets parents have for them to have a better future. Everyone of is do, but it always varies on the situation, when do we need short term investment? Example, there is a farmer who plants a seed, he took care of it during the six months, and after six months he can finally see the outcome. So just like saving money for short period of time or , temporary investment. It is also good to have a short term investment , and I think in life we do both but having a long term investment will be best for your family.