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Invest in accordance with financial goals from "summary" of A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition) by Burton G. Malkiel
When it comes to investing, it is crucial to have a clear understanding of your financial goals. This means knowing what you are investing for, whether it be retirement, buying a house, or funding your children's education. Your financial goals serve as the foundation for your investment strategy, guiding you on how to allocate your resources in a way that aligns with your objectives. Investing in accordance with your financial goals involves setting realistic and achievable targets for your investments. It is essential to consider factors such as your risk tolerance, time horizon, and liquidity needs when determining the appropriate investment approach. By aligning your investments with your financial goals, you can ensure that your portfolio is structured in a way that supports your long-term objectives while minimizing ...
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