Top 5 factors on how to decide which Investment strategy is best for you.

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It's always good to look at your current financial situation and plan for the future at an early stage.

Here's top 5 factors on how to decide which Investment strategy is best for you.

1

Age If you're young then you take higher risk and yield a higher active income in the long run.

2

Time Ask yourself what do you need to buy with the money you are investing?  Plan it based on long-term, short-term or mid-term investment and then decide.

3

Dependence If you have people financially depending on you then you have to take a lower risk investment that can be liquidated quickly

4

Income If you have a fixed income you can put aside investment on a monthly basis independent of the market's performance

5

Risk profile Based on all these parameters you can know how can now decide how much risk can you take.

Keep in mind Usually the higher risk you take the better the potential returns you get in the long-term.

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