Know Your Investment Objectives

The process of investing begins with articulating your financial goals. As with most things in life, knowing your objectives is essential since this will help you determine what you need to do. So ask yourself these questions: what are you investing for? Why are you investing? Be as concrete as possible. Quantify your goals: how much do i need to by that dream house? Do I need regular cash inflows to sustain my living expenses? If so, how much? And, finally, situate your objectives in time: when will i need the money?