Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Are mutual funds a good choice for a medium to low risk investment with a two year horizon?
I assume you mean Stock Mutual funds.  2008 wasn't that long ago. Down 37%. 07/08 combined were down 34%, or 07/09 down 20%.  The point of the long term is that over time, a decade will almost ensure a positive return.  2 years is too short, in my opinion.