Friday, June 5, 2020

Setting My Financial Goals 2020

Before I go on discussing the investments that I have taken and about to take, it is important to set my short term and long term financial goals. The financial goals I am setting for myself are ambitious but at the same time realistic.

It is important that I set a date to the goals I am aiming for. Such as:
  • short-term (2 years or less) 
  • medium-term (3 to 5 years) 
  • long-term (6 years or more)
Also, my investment profile has the following parameters:
  • I’m not old, but I’m not young either so I need to weigh things towards the low-to-medium risk part of the spectrum.
  • I want to get rich slowly, but not too slowly.
  • I want the freedom to have fun and make mistakes with some portion of my portfolio.

SHORT TERM GOALS:



LONG TERM GOALS:




In this blog I will chronicle the milestone and compare them with the financial goals that I have set for myself. This will help my analyze whether I am going the right direction, taking the right steps or if I am making mistakes.

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Setting My Financial Goals 2020

Before I go on discussing the investments that I have taken and about to take, it is important to set my short term and long term financial ...