Goal based investing approach - Deepstash

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 

44

437 reads

Similar ideas to Goal based investing approach

Week 6: Start Investing

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.

Email

I agree to receive email updates