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Your Investment Timeframe

When evaluating investments, it is important to have some idea of your timeframe. In other words, when will you need the money?

Some investments have a known timeframe. For example, if you are saving for a child’s college education, you know exactly when you will need the money. Other investments might not have a precise target date but you still know whether they are long or short term. An example would be someone in her 30s or 40s saving for retirement—she does not know exactly when she will retire, but she does know it is many years off.


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