Best investment choices for any individual, including the salaried, depend on four major factors – liquidity, risk appetite, tax slab and the investment horizon. Investors can choose multiple products aimed at various financial goals with different investment horizons. For instance, investors with higher risk appetite can choose high-risk products for their long-term financial goals, while still investing in low-risk fixed-income instruments for ensuring income certainty and capital protection for their short-term financial goals.