Connect with us

Hi, what are you looking for?

Money Management

Finance Terms 101: Time Horizon

What is Time Horizon?

When it comes to financing many people think they know what they are talking about but when it comes down to terminology a lot of people don’t know as much as they think. So, to start off with some personal finance terminology we want to know what is a time horizon?

Well, to answer that question, your time horizon when it comes to investing is really important because the timer horizon is really how much time do you have until you need the money.

If you’re retiring in 10 years then you might have a ten-year time horizon or if you want to buy a new car in 7 years then you have a seven-year time horizon. This is a great way to determine when you should be investing and when you shouldn’t be investing. If your retiring next year and you only have a one-year time horizon and all your money is in the stock market and the stocks do poorly you can really be in a challenge.

Especially when the markets do bad right before your ready to pull out. So, making sure you have a clear idea of your time horizon, you should begin to learn it as it is critical for making financial decision. For more check out the video.

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...

News

Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...

News

Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...