Create an investment goal review

Lesson in Course: Ambition reviews (beginner, 3min)

Part 1 of Invest with goals

Goal-based investing

Goals-based investing is when we invest in the financial markets to fund specific objectives instead of trying to generate the highest possible return. This helps us be able to meet our needs, live the lifestyle we want, and reach our highest aspirations.


Creating investment goals

Goals should be specific, measurable, actionable, realistic, and time-bound.


Organizing and prioritizing goals

When we have several goals, it helps to first scope down on necessity and then prioritize based on how much time we have. If we look at our goals, we can split them easily into a must-have bucket and a want bucket. Once we've separated our goals into must-haves and wants, we can organize them based on time horizons


Adding investment milestones

Setting big goals, like preparing to run a marathon, is often terrifying and can feel out of reach. Long-term investment goals can be just as intimidating, especially since they have such a significant impact on our lives, such as having enough money for retirement and major life expenses. 

To help us overcome fears and regain control of our future, let's break down long-term goals into more actionable milestones.