Quick Look
- We won’t cover investing basics here since we’ve already covered them in this article.
- But for the purposes of this subtask, it’s important to determine your time horizon, appetite for risk, and hoped for outcome for your investment.
Contents
<< Make Additional Investments Checklist
Consider Your Investing Time Horizon
- If you have a long time horizon (e.g. 10 years or more) and you want the best chance of making a positive return while also having strong growth, you’re going to be looking for a broadly diversified stock market index fund with low expense ratios.
- If you have a shorter time horizon (e.g. less than 10 years) and you want the best chance of making a positive return while likely accepting less growth, you’re going to be looking for a bond fund.
- If you have a short time horizon (e.g. less than 10 years) and are willing to potentially lose it all but also potentially get a great return (and everything in between!), you could buy an individual stock.
in Boulder and San Diego.