Financial Crisis Enters New Phase
Fear and greed might drive mouse clicks and website traction, however following the funding recommendation on the web will do little for your long-term financial success.
Revisit why you might be investing. What are your objectives and investment time-frame for the funds invested? Are you investing for a large purchase — similar to a new home, funding a child or grandchild’s school fund — or investing for retirement? If your time-frame is three years or less, consider investing in a more conservative portfolio that consists of quick-time period bonds or cash equivalents. However, in case your time horizon is long term, a well-diversified portfolio consisting of stocks and bonds could be the proper move.
Answer – One strategy that is generally applied is Life Cycle planning, that’s, early career, mid profession, late career, and at retirement – and whereas all phases require a assessment of the basic principles, every subsequent … Read more
Get the Economic Times advantage to trace the newest Business news and Stock market on the go and make knowledgeable decisions. Download the Economic Times app and keep updated with unrivalled protection of Stock Market, Business, Finance, Sensex – BSE India, Nifty- NSE India, Personal Finance, Business News and Economy News as they occur.