Mooers' insights: What is your investment objective?

Hey mooers,

Welcome back to Mooers' insights, where we share knowledge and thoughts.

Last week, we discussed "What is your investment objective" in Weekly Buzz. Let's see what mooers talked about! Tap here to view the details in the comment section >>

Source: Giphy

To be build wealth by achieving financial independence.

@ZnWC
I invest to make time to do things that I like to do (such as help people, travel the world, spend time with love one etc). How to achieve? Through FIRE (Financial Independence Retire Early). FIRE is easier said than done as you need to increase income and reduce expenses at the same time.

The ultimate goal is living life, on our own terms.

@Syuee
My investment objective is to be financially independent and my real goal is early retirement. My plan is to maximize income first and savings second.

As my income increases, I also saved more ( both dollar amounts and percentage ) Best to focus on two things :
1 ) Living way below our means
2 ) Investing on the side for long-term growth.

Mooers' insights: What is your investment objective?

When it comes to investing, our investment objectives can help us achieve our financial goals.

@HopeAlways
My investment objective is primarily capital appreciation which emphasises on long-term growth. This involves holding stocks for many years and letting them grow within my portfolio. At the same time, I will be reinvesting dividends to purchase more shares.

We should not be too dependent on wealth to feel happy and contented.

@HuatLady
For me, the key elements are:
1) To utilise budgetting to help us cut down cost and help us spend our money wisely.
2) It would be smart to build and create a daily plan for life from young.
3) Set aside a portion for investment as we all know that inflation and other calamities

“What do I want to achieve in the short, medium and long -term, and how long it will take to reach there.”

@HuatEver
In reality, it takes years to set up your financial life because it will be a huge mistake to throw your money into the market before you have taken the time to map out your investment objectives. Henceforth, I learn to develop a plan and tick off a check-list before I find myself putting risks on my money.

Two words "Financial Independent" come first.

@Milk The Cow
My investing objective is to get rich all along. It because I need to help me solve most of my problems that has been for decades, that's all. It's not really to be happy or to travel.

Thanks for sharing in-depth ideas! Hope these ideas will help you learn more about investment and better navigate the market!

What topic do you want to discuss next week? It's up to you!

Feel free to raise your question below.

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