What Kind Of Strategies Do You Take When Setting Financial Goals?

You can take different strategies when you set financial goals. Some people say, think for the long term, and put your money to achieve long-term goals. That's great when you think long-term. But it does not mean you put all your money into the long-term.


You need liquidity. You need to have cash inflow. Otherwise, you cannot meet the current demand and move on. So you should set short-term financial goals as well. You need to take short-term strategies for that. When you think about two to five years, you can take mid-term strategies. Of course, you have to take long-term strategies when you think about a long period of time, usually more than five years.

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