When you have more than a few years on your side, investing — rather than saving — for a goal might be the path to success. The market’s potential for higher long-term returns could mean you need to set aside less to meet your goal than if you put your money into a savings account or CD. Keep in mind, however, that there is additional risk with investing, and unlike many bank products, your money is not insured and you can lose money.
* Dividends not guaranteed.