June 2021
Beginner
304 pages
8h 8m
English
Content preview from Investing in Your 20s & 30s For Dummies, 3rd Edition
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Chapter 2
Using Investments to Accomplish Your Goals
IN THIS CHAPTER
Investing for short-term consumption goals
Working toward a home purchase
Planning for financial independence/retirement
Assessing your desire to take risk
Saving and investing money can make you feel good and in control. Ultimately, most folks are investing money to accomplish particular goals. Saving and investing for a car purchase, expenses for higher education, a home purchase, new furniture, or a vacation are typical short-term goals. You can also invest toward longer-term goals, such as your financial independence or retirement decades in the future.
In this chapter, I discuss how you can use investments to accomplish common shorter- and longer-term goals.
Setting and Prioritizing Your Shorter-Term Goals
Unless you earn really big bucks or expect to have a large family inheritance to tap, your personal and financial desires will probably outstrip your resources. Thus, you must prioritize your goals.
One of the biggest mistakes I see people make is rushing into a financial decision without considering what’s ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.