Your investment strategy depends on your saving goals, how much money you need to reach them and your time horizon.
If your savings goal is more than 20 years away (like retirement), almost all of your money can be in stocks.
If you’re saving for a short-term goal and you need the money within five years, the risk associated with stocks means you're better off keeping your money safe, in an online savings account, cash management account or low-risk investment portfolio.
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"I can do all things through Christ who strengthens me.” — Philippians 4:13
Learning the basics about investing can be pretty complicated and overwhelming without the proper information. Hopefully this guide can help you get started.
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The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to manage risk
How to analyze investment opportunities
The importance of long-term planning
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Think about how much risk you are willing to tolerate:
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