Investing is an ongoing task that involves setting goals for the future and weighing the risks and potential rewards associated with a wide variety of investment options. You might be wondering how to begin such a crucial, lifelong endeavor. What are you trying to accomplish by investing? Are you working toward a comfortable retirement, a college education, or a trip around the world? You may simply want to protect the savings you’ve already accumulated from the effects of inflation. Your financial goals will help determine which of the following investment objectives are most important to you: • Growth • Income • Capital preservation • Tax benefits The answers to the following three questions could be the key to developing a sound investment strategy that is appropriate for your personal situation.
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