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Beginning Investing by Danielle L. Schultz

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CHAPTER2

Defining Your Investment Goals

In This Chapter

  • Is investing right for you now?
  • What types of investments might work for you?
  • Defining your short- and medium-term goals
  • Setting longer-term goals

Many investment decisions will be rooted in your personal goals and timetable, so in this chapter, we’re going to define what they are and build a timeline for achieving them. Before setting off on any adventure, you need to have some idea of where you want to go, how long it will take, and how you’ll know when you’ve arrived.

Getting by Versus Getting Ahead

If you’ve worked through the percentage-of-income exercise I suggested in Chapter 1 ...

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