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 ...