Saving, Managing Debt, and BudgetingSetting Your Investing Goals |
What are some further steps we must take in order to establish investment goals? |
Expert investment managers assert that we need to decide several important subgoals in order to establish our investment goals. These subgoals may include the ultimate use for the money, the time horizon for when the money will be needed, the amount of money needed, how much money we have already saved, what types of investments might help us achieve our goals, and the current performance of all types of our investments.