{"id":95196,"date":"2022-06-15T12:00:00","date_gmt":"2022-06-15T09:00:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=95196"},"modified":"2022-06-15T12:00:00","modified_gmt":"2022-06-15T09:00:00","slug":"3-tips-for-setting-investment-goals","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/3-tips-for-setting-investment-goals\/","title":{"rendered":"3 Tips for Setting Investment Goals"},"content":{"rendered":"\n
Do you know what the first step is toward reaching financial success? Setting a goal. By identifying your top goals, you’ll be more likely to achieve them. Here are 3 tips to help you set your investment goals.<\/p>\n\n\n\n
<\/p>\n\n\n\n
<\/p>\n\n\n\n
1. Define your goals<\/strong><\/h2>\n\n\n\n
Your personal circumstances will determine your goals. Some common investing goals include saving for retirement, a child’s education, or future home. Use the SMART objectives (specific, measurable, achievable, realistic, and time-based) to define them.<\/p>\n\n\n\n
2.<\/strong> Categorize your goals<\/strong><\/h2>\n\n\n\n
Group your goals based on how far into the future they might go. A vacation or a deposit on a car is likely to fall into the short-term category, whereas retirement may be considered long-term.<\/p>\n\n\n\n
3.<\/strong> Identify strategies that align with your goals<\/strong><\/h2>\n\n\n\n
When deciding how to invest the money for your goal, consider your time horizon. The shorter your investment goal, the more liquid and lower risk the strategy should be. Long-term goals will allow you to take on additional risk because there is more time to make up for any losses that might occur.<\/p>\n\n\n\n
How do you set your investment goals? Share your tips in the comments!<\/p>\n\n\n\n
Thanks for watching; keep investing, and see you again next time.<\/p>\n\n\n\n
Do you know what the first step is toward reaching financial success? Setting a goal. By identifying your top goals, you’ll be more likely to achieve them. Here are 3 tips to help you set your investment goals. 1. Define your goals Your personal circumstances will determine your goals. Some common investing goals include saving […]<\/p>\n","protected":false},"author":11,"featured_media":87197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[112,103],"class_list":["post-95196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bondora-news","tag-bondora-video","tag-english"],"acf":[],"featured_image":null,"categories_names":["News"],"category_name":"News","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/95196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=95196"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/95196\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=95196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=95196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=95196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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