Why You Should Know Your Investment Time Horizon - Whats Your Investment Horizon?
Jun 24, 2019 ·
4m 22s
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Description
The first step to determine your risk tolerance is assessing your ability to stomach movement in the market. Are you losing sleep at night? Are you stressing over a market...
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The first step to determine your risk tolerance is assessing your ability to stomach movement in the market. Are you losing sleep at night? Are you stressing over a market correction?
Another important factor is deciding whether you need your money in 6 months, 1 year, 2 years, 10 years or only at retirement. This, will have a significant impact on your investment strategy.
Over time, you should reduce your allocation of longer-term investments as you near the end of your investment time horizon.
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Another important factor is deciding whether you need your money in 6 months, 1 year, 2 years, 10 years or only at retirement. This, will have a significant impact on your investment strategy.
Over time, you should reduce your allocation of longer-term investments as you near the end of your investment time horizon.
Information
| Author | Rob Tetrault |
| Organization | Rob Tetrault |
| Website | - |
| Tags |
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