Taking the Long View
Investing in stocks can be an important strategy to reach your financial goals. If you buy great companies, you will find that holding them for the long term is a very rewarding strategy. However, if you have a financial goal that must be met in fewer than five years, you’ll need to find another investment vehicle besides stocks to reach that goal. Over a period shorter than five years, stocks can be very volatile, which places your short-term financial goals in jeopardy.
Investing for the Long Term
Your single most important financial goal is a retirement nest-egg and wisely investing in great companies will help you prepare for a financially secure retirement. As you approach retirement age it is important to recognize ...