Unfortunately, there is no such thing as an investment that simultaneously fulfills criteria such as high yield, no risk and constant availability. Only two criteria are ever achievable.
That is why it is so important to be clear about personal needs and goals before investing money.
An investment goal defines a clear financial purpose or intended achievement that one wishes to achieve through an investment.
Forms the framework for investment decisions and facilitates the systematic determination of an appropriate investment strategy.
can vary based on personal circumstances and needs, but generally has the goal of achieving financial milestones, mitigating risk, and generating appropriate returns.
The clearing account is subject to EU deposit protection. This guarantees repayment claims of up to €100,000 by customers against credit institutions.
Your investment is treated as a separate asset. Thus, you are 100% protected even in case of insolvency of Ginmon or the partner bank.
|blue-800 Stocks||40% (€56,800)|
|purple-100 Bonds||30% (€42,600)|
|green-100 Real estate||15% (€21,300)|
|peach-crayola Raw materials||15% (€21,300)|
Overall, investment goals help you create a clear roadmap for your financial future by aligning your investments with your individual needs and goals. They are the guide that allows you to actually achieve your financial goals in an organised and effective way.
Investment objectives provide a clear strategic direction for your money or investments. They help you to have a clear idea of why you are investing and what outcome you want to achieve. This prevents impulsive or aimless investing.
By setting clear investment goals, you can make more informed decisions about your investments. You can choose investments that best suit your goals, rather than being influenced by short-term market fluctuations.
Investment objectives help you determine the right level of risk for your investments. Depending on whether you are planning for capital preservation, growth or retirement, you can adjust your risk appetite accordingly.
Investment goals provide a benchmark against which to measure the progress of your investments. You can easily assess whether your investments are on track to meet your goals and make adjustments if necessary.
Investment goals promote discipline and consistency. They encourage you to think and act for the long term, rather than being distracted by short-term market fluctuations or yield offers.
By setting clear goals, you can avoid bad investments that do not suit your long-term financial situation. This will minimize the possibility of loss or disappointment.
Investment objectives may change over time as a result of life events such as marriage, births, career changes or retirement. They allow you to adapt your investment strategy to new circumstances.