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One of the most valuable pieces of money management information I‘ve learned is the concept of investment time horizon. The basic idea behind investment time horizon is that if you are investing for the long term (ie retirement and you are young) then you can consider having part or all of your investment in riskier securities such as equities or stocks. If you are investing for the short term (ie a house down payment) then you need to reduce your risk as much as possible and put the money into CDs or a high interest savings account.

 

Submitted: Nov 4, 2009    Views: 108    Comments: 0    Likes: 2   


View Article: http://www.goodfinancialcents.com/how-to-invest-your-house-down-pay...


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