What are your major deadlines in life?
How much time do you have to save and invest before you retire?
Your time horizon is very important when you invest, because compounding works best over a longer period.
Time and risk are also related.
If you are young and have many working years ahead of you, you can afford to take bigger risks with your investments than an older person close to retirement.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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