This type of investment is
usually medium to long term (5 years or more), because of the potential for volatility of the underlying assets.
Not exact matches
Short -
term goals such as vacations should have a time horizon of one
to two years;
medium -
term goals such as taking a year off work are
usually three
to five years and
long -
term goals such as taking a trip around the world and retirement are often 10 years or more.
This sort of investment has a higher risk than a savings account but will
usually provide higher returns over the
medium to long -
term.
Frankly, choosing brand - new stocks is often a real challenge — I
usually have strong conviction, a
medium -
long term holding period, and see significant upside potential in my current holdings, so adding
to them often makes just as much / more sense.