The best investment accounts depend on your savings goals, time horizon, and risk tolerance. For example, a couple in their retirement years may be better off with guaranteed returns from low-risk investments, while a young person with extra cash on hand may benefit from higher-risk investments that have the potential for higher returns over the long term. It’s important to work with a financial advisor to determine the investment strategy that is right for you based on your income level, cash flow, and other factors.