If you plot your goals on a simple matrix and plot all of your investments on the same matrix, you’ll more easily be able to select an appropriate investment to fund each goal.
Here’s the matrix:
|home run||ex: leveraged options trade||ex: niche business||ex: large-scale business|
|aggressive||ex: real estate flip||ex: land development||ex: stocks|
|safe (non-volatile)||ex: cash||CDs||ex: gov’t bonds|
|short term||mid term||long term|
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