If you know your current situation, goals, and personality, you should have a pretty good idea of what your long term plan should be. It should detail where the money will go: cars, houses, college, retirement. It should also detail where the money will come from. Hopefully the numbers will be about the same. Review your plan periodically, and whenever your needs or circumstances change. If you are not confident that your plan makes sense, talk to an investment advisor or someone you trust.
Source: http://www.investorguide.com/igu-article-418-investing-basics-principles-of-investing.html
Was this Tip useful?
This content can be found on the following page:
Get our content on your iGoogle page
RSS