Establishing Your Financial Goals

4:45:0

2023-11-07

7983

1- Set goals for your investments. What do you want to do with the money you make from your investments? Do you want to retire early? Do you want to buy a nice house? Do you want a boat?

As a rule of thumb, you're going to want a diversified portfolio no matter what your goal is (buying a house, saving for a child's college education, etc.). The idea is to let the investment grow over a long period of time so that you have enough to pay for the goal.
If your goal is particularly aggressive, you should put more money in the investment periodically rather than opting for a more risky investment. That way, you're more likely to achieve your goal rather than lose the money that you've invested.

2- Establish a timeline for your goals. How soon do you want to reach your financial goals? That will determine the type of investments you make.

If you're interested in getting a great return on your investment quickly, and you are prepared to take the risk that you could also see a great loss just as quickly, then you'll select more aggressive investments that have the potential for significant return. These include undervalued stocks, penny stocks, and land that might quickly appreciate in value.
If you're interested in building wealth slowly, you'll select investments that generate a slower return on investment over time.

3- Determine the level of liquidity you want. A "liquid" asset is defined as an asset that can be easily converted to cash. That way, you'll have quick access to the money if you need it in an emergency.

Stocks and mutual funds are very liquid and can be converted into cash, usually in a matter of days.
Real estate is not very liquid. It usually takes weeks or months to convert a property to cash.

Nature

Carbon Signature of Humanity Is Now Embedded Deep in the Ocean

2026-09-09

This Utah Mountain Is Hiding Enough Ice to Fill 600 Olympic Pools

2026-09-07

Antarctica Gained a Record 695 billion Tons of Ice in Just Two Years

2026-09-05

Scientists Find TNT Leaking From a 100-Year-Old Submarine Wreck

2026-09-03

A Relentless Storm Pattern Is Making Arctic Sea Ice Disappear Faster

2026-09-01

Hurricane Forecast Maps Are Getting Better – but One Big Problem Remains

2026-08-27

A Manhattan-Sized Ice Island Just Broke Off Greenland

2026-08-24

Scientists Identify a Surprising 129-Day Limit for Predicting the Weather

2026-08-22

Scientists Survey the Mysterious Glacier of Mount Ararat for the First Time

2026-08-19

Melting Sea Ice Could Be Changing the Clouds Above the Arctic

2026-08-15

Get advices

Keep Stress Out of Your Life

2026-08-25

The Shortest Road to Success

2026-04-14

The Bounteous Source of Streng ... read more

2026-03-29

Foresight

2026-03-24

1	Aligning Goals with Capacities

2	Your Goals May Harm You If You Cannot Ac ... read more

3	You Always Have a Choice

4	Effectiveness of Training

5	How Do We Respond to Provocation?

6	Localization of Technology

7	Rationalizing Reactions

8	Why Do We Learn?

9	Take Responsibility for Your Choices

SOCIETY AFFAIRS

The Concept of Intellectual Disability ... read more

The Bounteous Source of Strength ... read more

Steadiness in Friendship

Lack of Will Power the Obstacle to Success ... read more

Vigilance in the Midst of Problems ... read more

The Scope of Human Possibilities ... read more

How to Not Be Tempted to Eat Junk Food ... read more

The Waves of Change Created by Outstanding Persona ... read more

Tenacity and Victory

Self-Suggestion

Family & Life

10:43:29 2026-06-16

Interpretation of Sura al-Nur - Verse 63

11:15:13 2026-06-14

Interpretation of Sura al-Nur - Verse 62 ... read more

11:31:0 2026-06-09

Interpretation of Sura al-Nur - Verse 61

11:16:53 2026-06-07

Islamic Idelogies

Why Do Shiites Prostrate on the Turbah of Ima ... read more

8:53:1 2026-07-27

Mans Spiritual Needs

12:2:30 2026-06-29

Flattery is Reprehensible

11:35:3 2026-06-27

Islam and the Propagation of Moral Virtues ... read more

11:13:8 2026-06-24

Holy Prophet

The Preparation and Burial of the Prophet (PB ... read more

2:29:40 2026-09-08

A Covenant of Coexistence Between Muslims and ... read more

1:49:14 2026-09-06

The Torture of Muslims in Mecca

1:48:14 2026-09-02

The Year of Sorrow

3:30:29 2026-08-31

Prophet ‘s progeny

Valor in the Battle of the Confederates

2:30:45 2026-09-08

The Demise of Fatima bint Asad

1:51:2 2026-09-06

Ali Donating His Ring

1:50:29 2026-09-02

Courage in the Battle of Badr

3:31:28 2026-08-31

Science and technology

MIT researc

MIT Engineers Create a Living Circuit Board from B ... read more

2:20:8

2026-09-09

Researchers

First Heat-Powered Cooling System in the world Tur ... read more

3:8:50

2026-09-07

Researchers

AI Searched 150 million Materials – and Found Two ... read more

3:2:37

2026-09-05

New phononi

Tiny Hidden Vibrations Could Make Aircraft More Fu ... read more

2:6:13

2026-09-03

Health &Fitness

Scientists Discover Exercise Can Match One Key Ben ... read more

2:21:8

2026-09-09

How Often You Exercise May Matter More Than How Ha ... read more

3:10:11

2026-09-07

Tomatoes Contain an Invisible Ingredient with Surp ... read more

3:3:36

2026-09-05

MOST VIEWS

Importance of Media

9:3:43 2018-11-05

10 benefits of Marriage in Islam

7:5:22 2019-04-08

benefits of reciting surat yunus, hud &

9:45:7 2018-12-24

advantages & disadvantages of divorce

11:35:12 2018-06-10

Is money everything in life?

6:0:51 2018-10-16

Illuminations

allah timing

6:14:3 2023-01-18

prophet adam & the apple

1:16:44 2018-05-14

5:58:12 2021-12-18

6:28:21 2022-12-20

10:43:56 2022-06-22

1:38:41 2021-12-08

10:55:53 2022-06-13

IMmORTAL Words

Isaac Newton once said: "Gravity explains the motions of the planets, but it cannot explain who sets the planets in motion."

5:41:46 2023-03-18

Albert Einstein once said: "Imagination is more important than science for it surrounds the world"

10:13:17 2022-06-08

The first student of Islam, Al-Imam Ali-Ibn- Abi Talib (peace be upon him) said: "Worshiping acts is like a drop of water in the sea of directing to righteousness, and what is better than directing to righteousness is saying the right at the presence of an oppressor"

1:4:11 2022-05-26

Verner Heisenberg
The German theoretical physicist and the key pioneer of quantum mechanics said:
"The first gulp from the glass of nature sciences will turn you into an atheist, but at the bottom of the glass, God is waiting for you"

8:58:43 2022-04-19

A man who lies to himself , and believes his own lies becomes unable to recognize truth , either in himself or in anyone else , and he ends up losing respect for himself and for others.

When he has no respect for anyone , he can no longer love , and , in order to divert himself , having no love in him, he yields to his impulses , indulges in the lowest forms of pleasure , and behaves in the end like an animal .

And it all comes from lying - lying to others and to yourself .

FYODOR DOSTOEVSKY

10:28:46 2022-03-16

Reality Of Islam

MOST VIEWS

IMmORTAL Words