Timeline for Managing investments for multiple goals
Current License: CC BY-SA 4.0
6 events
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Mar 22, 2019 at 12:40 | comment | added | JTP - Apologise to Monica♦ | The only edit I'd suggest is to focus on the brokerage account "investing" being for the long term, i.e. retirement. (Do 20 year olds say "I am renting but wish to buy at 40?) All else are shorter term goals which go into MM, as you said. The unspoken implication is that the OP is making this far more complex than it needs to be. And the sister question Downside of having multiple brokerage accounts? asks about the downside to doing something that should be avoided in the first place. | |
Mar 11, 2019 at 1:42 | comment | added | RonJohn | @BenVoigt "But "How do I track investments toward multiple goals at once?" is a perfectly reasonable question" which is why I answered both questions in my answer... :) | |
Mar 11, 2019 at 1:41 | comment | added | Ben Voigt | @RonJohn: But "How do I track investments toward multiple goals at once?" is a perfectly reasonable question (someone can easily have multiple long-term goals) so there is no excuse for avoiding it. | |
Mar 11, 2019 at 1:40 | comment | added | RonJohn | @BenVoigt he's answering the meta-question, "Is investing the right way to accumulate money for short to medium term goals?" | |
Mar 11, 2019 at 1:38 | comment | added | Ben Voigt | Looks like you are answering a different question (should I invest or just save in an interest-bearing account for short-, medium-, and long-term goals?) and have not even partly addressed the question: how to invest for multiple goals at once. | |
Mar 11, 2019 at 1:12 | history | answered | Bob Baerker | CC BY-SA 4.0 |