Determining an Investment Goal
“It is most important to be honest to yourself. Each person’s situation is unique. Include all debts and assets. It is also easier to track whether you are saving and achieving the goals set out in investments,” said Relf Lumley Portfolio Manager at Capricorn Asset Management (CAM). Lumley gives advice on how an investor sets up invest goals.
– He gives advice on how one needs to understand your financial position,
– What the purpose is for the investment,
– The importance of Investment goals,
– And how one can reduce the risks of investing.