When it comes to investing for future goals, most people focus solely on returns. However, this is not the only factor to consider. Other important factors include your investment horizon, risk tolerance, and liquidity needs.
Investment horizon: This is the length of time you have before you need to access your investment. If you have a long investment horizon, you can afford to take on more risk in order to potentially achieve higher returns. However, if you have a short investment horizon, you may need to choose lower-risk investments that are less likely to fluctuate in value.
Risk tolerance: This is your willingness to accept losses in your investment portfolio. Some people are comfortable with taking on a lot of risk, while others prefer to play it safe. It is important to choose investments that align with your risk tolerance.
Liquidity needs: This is how quickly you need to be able to access your investment funds. If you need to be able to access your money quickly, you will need to choose investments that are liquid, meaning they can be easily sold without losing value.
Considering all these facts, the investment you should choose for short-term goal, mid-term goals and long-term goals should be different.
How to invest for a long-term goal will not to the same as how to invest for mid-term goal. It will be different for a short-term goal.
In this video I am giving a complete guide to choosing the right investment options for short, medium, and long-term goals.
00:00 Intro
00:47 Long Term Investment
08:02 Mid Term Investment
10:41 Short term investment
© Pishukkan Episode 119
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