Staying invested after reaching our money goals
Some people might have a question in their mind. If they should stay invested even after reaching their money goal. Staying invested even after reaching the money goal can carry a good amount of risk. I would advise against that. But there are ways we can still stay invested even after reaching our money goals. This can help us grow our money even further. But we have to choose our investments carefully.
For reaching the goals some people would have made a lot of effort and it shouldn't vanish in a short amount of time if we do a stupid investment mistake.
When to book profits
Some people have the habit of staying invested even after they have reached their goals. It is very important that we have to book our profits if we have reached our targets. Any investment can be a volatile investment and especially the ones that are associated with markets and market movements. Even in the crypto world, there are investments that are risky and if we don't book our profits at the right time, we will have to wait another few years to see some good things happening around our investment.
People think that they can earn even more profits from their investments by staying invested after reaching their goals. That cannot be fully true, there have been situations where people end up booking their loss just because they did not book their profits at the right time. Even a few hours of not booking profit can have a huge impact and make the price go down. Markets are highly volatile and unpredictable. If you still want to stay invested even after reaching your goals, analyze the risk and be prepared for the unfortunate.
Low-risk investments
If we still want to go with staying invested after reaching our goals, the best choice would be to stay invested in low-risk investments. Not all investments are of low risk. There are some good investment options that give us both returns as well as minimum risk. Investing in physical assets like homes or commercial zones and getting rent from that is a good passive income and also a low-risk investment.
I understand there will be inflation in that field as well but it wouldn't be so bad that we end up in loss. The asset value can go down if there is really a big problem or huge inflation but there will still be demand if the asset is created very well.
There are also some stock-based investments that are risk-free. Some mutual funds and dividend-yielding bonds are some good examples of investments. We shouldn't be expecting a 10% APR for all the investments we do. At times some investment can give us only 2% APR but it would be one of the safest investments someone can make.
 |
 |
 |
 |
 |
 |
Posted Using LeoFinance Beta
https://twitter.com/bala41288/status/1428415528578674689
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
One thing I always believe about investment is that you must always be ready to take a risk, once you are a risk taker them their is not cause for alarm or getting panic for un-necessary things.. Just as you have say everyone actually have he or her own targeted money goals but the truth is that will that be enough for them.. And that is the most reason why we are here to learn more from your post
You are very right in your word and that is the most reason why we really need to be very careful with what we invested our money to despite that we have the mind to invest that does not mean we should invest were we don't know the source
The truth is that we need not to be greedy in any thing we invested our money into just have the writer as started once you hit your target them you opt out of it other diverted your money into another sure investment
I love the writer contribution on this even if you are going to invest on that particular investment after hitting you target you need to reduce the the amount of money that means you are reducing risk because the higher the money you put the higher the risk involved so that you wouldn't go ahead and loss all the money you have benefited from that particular investment
May you could have a good equation
taking half profits and invest the other half
this is a win-win situation
Posted Using LeoFinance Beta
Yeah if we book partial profits we will not have any trouble as such.
Well you need to realize some of your profits otherwise you never really earn anything. I think its probably the best idea to come in with a plan to moving some off the table at a comfortable level. Of course it doesn't need to be everything.
Posted Using LeoFinance Beta
Yes that's right a partial profit booking is always the best.
I think investing and risk taking is a personal decision. I know some people that can not sleep at night if their money is invested in anything risker than a low yield savings account. Then I have other friends that the could not sleep if there money was in the low yield savings account and not in a small cap technology stock or crypto currency. Different people have different risk tolerances and no one is the same. If you are going to get ahead in this world you need to take on some amount of risk but the amount is up to you.
Yeah those are a few people who find it hard to make money while sleeping I believe. Ha ha ha. 😀