What to think about when saving for near-term goals amid choppy markets, rising interest rates

Source: CNBC — 

As inflation soars and markets slide, many investors are wondering what’s coming next.

Traditional advice dictates that long-term investors — those who are focused on retirement dates further down the road — should stay the course in the markets.

But those with shorter time horizons of three- to five-years for a closer goal, like saving for a down payment to buy a home, should take a different approach.