Common Investor and Trader Blunders

2021-12-24

Forgetting Your Time Horizon

Don't invest without a time horizon in mind. Think about if you will need the funds you are locking up into an investment before entering the trade. Also, determine how long—the time horizon—you have to save up for your retirement, a downpayment on a home, or a college education for your child.

If you are planning to accumulate money to buy a house, that could be more of a medium-term time frame. However, if you are investing to finance a young child's college education, that is more of a long-term investment. If you are saving for retirement 30 years hence, what the stock market does this year or next shouldn't be the biggest concern.

Once you understand your horizon, you can find investments that match that profile.

$S&P500 ETF(SPY)$$NASDAQ(.IXIC)$$S&P 500(.SPX)$

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

dimsum
2021-12-24
dimsum
Stock trading is risky, and retail investors must be cautious in trading.
RonaldNixon
2021-12-24
RonaldNixon
Great. I hope our retail investors can make money every day.
RosalindElinor
2021-12-24
RosalindElinor
Thank you for sharing! Good luck. Merry Christmas

发表看法

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