Goal based investing approach
Lesson 2: Another thing that i learned from this book is that we should differentiate our investments based on the goals and requirement of money, for example- if you want money within 3 years, you should invest it in cash equivalents and cash, if you want the money in next 5 years then you should invest or save in bonds, and you should only invest the money in stocks when you dont need the money for longterm
39
413 reads
CURATED FROM
IDEAS CURATED BY
Similar ideas to Goal based investing approach
Week 6: Start Investing
Invest in index funds not individual stocks. Put your own behavioral psychology to work here. Invest automatically and over long periods of time.
Once you’ve covered the basics (aka index funds), allocate 5-7% of your income to “mental outlets.” This is money for you to inv...
Asset investing
It is anything that will increase your wealth without personal labor.
- Businesses. This is a broad asset class. You can buy dividend-stocks on the market, and then the companies will pay you a share of the profit. You can start your own business. You can buy into othe...
Create a simple investing strategy
A good early retirement investing strategy should be simple, focused on stocks, bonds, and real estate, and be executed consistently.
- Ensure to have both a short- and long term investing strategy.
- Only invest in what you understand.
- Stick with asset...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates