chapter 2
Setting your investment objectives
It is impossible to invest effectively without a clear understanding of your investment objectives or goals. Once you have clarity on your investment objectives, making investment decisions becomes a lot easier.
For many people, putting away as much as they can afford is their investment objective. Saying ‘I will save as much as I can’ is certainly better than doing nothing, but it is like going for a drive without having decided on your final destination. You will have a far greater chance of getting where you want to if you know where you are going from the start.
Creating a realistic set of investment objectives can be difficult, so at first allow yourself to be as specific or as vague as you ...
Get The DIY Investor now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
