Time Horizon and Goals
It is important to understand what your goals are, and over what time period you want to achieve your goals. Some goals are short term goals those that you want to achieve within the year. For such goals its important to be conservative in one’s approach and not take on too much risk. For long term goals, however, one can afford to take on more risk and use time to one’s advantage.
Life is full of risks and surprises – we like it or not. Whereas we have absolutely no control over eventualities, we can surely cover our risks. Like we can secure our life or health, similarly we can take adequate cover for our assets like car, home, shops, offices etc. We do the prior analysis first to find out the amount of cover you need followed by best deals offered by reputed and trusted names in the industry. Full assistance when claim arises is our commitment.
When do you need the money to meet your goal and how quickly can you access this money. If you invest in an asset to and expect to sell the asset to supply you funds to meet a goal, then please understand how easily you can sell the asset. Usually, money market and stock market related assets are easy to liquidate. On the other hand, something like real estate might take you a long time to sell.