Got the Time? Take the Time Horizon Quiz

Are we done? Can you go to sleep now? Not quite. We haven’t addressed time frame.
Each of us has our own attitude toward time, and before you invest a dime, you need to determine yours. Believe it or not, though, almost everybody is a short-term, medium-term, and long-term investor simultaneously. How so? You might be saving for retirement, investing to send your kids to college, and saving for a vacation all at once. Each of these savings plans has its own time horizon; that is, each has a limit as to how much time is needed to reach the intended goal. How do you figure out what this time horizon is? Well, sometimes you may find that your investment priorities conflict. The manner in which you most ...

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