Читать книгу Investing in Your 20s & 30s For Dummies - Eric Tyson - Страница 56

How much do you need or want to earn on your investments?

You have to balance your goals with how you feel about risk. Some people can’t handle higher-risk investments. Although investing in stocks, real estate, or small business can produce high long-term returns, investing in these vehicles comes with greater risk, especially over the short term.

Others are at a time in their lives when they can’t afford to take great risk. If you’re still in school, if you’ve lost your job, or if you’re starting a family, your portfolio and nerves may not be able to wait a decade for your riskier investments to recover after a major stumble.

If you work for a living, odds are that you need and want to make your investments grow at a healthy clip. Should your investments grow slowly, you may fall short of your goals of owning a home or retiring or changing careers.

All this is to say that you should take the time to contemplate and prioritize your personal and financial goals. If you haven’t already sorted them out, see Chapter 2 to get started.