Setting investment goals? Here are some questions you must ask yourself.

Lets just be sure that you are not making any wrong assumptions

WHY IS IT NEEDED?

#Q 1. If you are looking for financial independence, what is your required number?

Passive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.

#Q2. What is your risk tolerance? — Or — How much of a risk appetite do you have?

#Q 3. What is the time horizon you are targeting?

#Q 4. What kind of a person are you?

ღღ THE SHORT AND CRISPY VERSION ღღ

To formulate the right financial goals, ask yourself some critical questions that would help you put in place the right set of goals.#1. If you are looking at financial independence, what is the target output per month to achieve that?#2. What does your risk appetite look like? or How risk averse are you?#3. What is the time horizon you have in mind to achieve your goals?#4. What kind of a person are you? Make sure your investment philosophy is aligned to your personality type.

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Abhishek Anand

Helping businesses grow 10x faster, and scale efficiently. Top Writer — Quora, Medium. Drop in a line if you’d like help with yours. mail@abyshake.com