Strike the balance between the two !!! |
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Barney |
What kind of personal financial plan do you recommend for me ? |
Nathaniel |
Well that all depends on your objectives. |
Barney |
How do you mean ? |
Nathaniel |
Well, whether you are looking to make gains in the long term, in
which case I would recommend investing for capital growth, or
whether you have shorter-term objectives. |
Barney |
I am interested in long-term gains, but I would also like a
proportion of my funds to provide an income for me now and for the
foreseeable future. |
Nathaniel |
That means an investment portfolio balanced between capital growth
and income. What you have to decide is where to
strike the balance between the two. |