I've heard it said that "A dream without a plan is just a wish."

So we're going to help you make your dreams into goals. And in our next blog post, we'll make plans to achieve them.

What are common investing goals?

A very common investing goal we hear is that "Oh, I want to be able to retire." The goal for a lot of people is retirement.

What Is Your Goal?

So the first question is "What is your goal?"

In this example, we're going to be talking about retirement.

When?

The next question we're going to ask is "When?" "When do you want to retire?"

When we talk about when we ask "How many years do you have to retirement?" "By what age do you want to retire?" When could be by age 65 or in 30 years time.

How Much Do We Need?

The third question we're going to ask is "How much do we need?"

In this example, we can say, "By the time I hit age 65, I want $1 million as a retirement fund."

So these are the three things that you want to ask when you want to set an investing goal.

What is my investing goal? When do I want to get the money back? And how much money do I want?

So before you actually start investing, you want to define your goal very clearly. Then, we come up with a plan to achieve that goal.

Where are you in this 3 steps to setting an investing goal? Share with us and comment down below!