Setting Goals, Targets, and Priorities in Investment

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Goals, targets, and investment priorities are the main principles that must be understood by investors.

Goals are related to time, both short-term and long-term. If you choose long-term investment, make sure the money put into the investment instrument will not be used in the near future or less than a year.

Targets must be adjusted to financial conditions, also achievable or realistic and determine the time period, especially if applying the DCA method,

Priority, before allocating funds for investment, you should already have a budget to meet basic needs, emergency funds so that investors can prioritize funds for investment.