Your time horizon – the length of time over which you expect to invest your money – is a key consideration when choosing investments.
Investors with short time horizons tend to look for lower-risk investments that are easy to turn into cash. Learn more about saving for short-term goals and ask these 10 questions when choosing a short-term investment. When you have a short time horizon (up to 5 years), there is little time to earn more or make back losses if the investments lose money or deliver poor investment results.
Time can have a big impact on your savings and the investments that are appropriate to help you meet your financial goals. Our recent issue of Investor News looked at the relationship between time and money – read it now, and subscribe to receive the next issue directly to you inbox.