What are four factors to consider when selecting a investment?

When selecting an investment, consider the potential return on investment (ROI), which indicates how much profit you can expect. Evaluate the level of risk associated with the investment, as higher returns often come with increased risk. Additionally, assess the liquidity of the investment, which determines how easily you can convert it into cash if needed. Finally, consider your investment timeline and goals, ensuring that the investment aligns with your financial objectives and time horizon.