Sunflower American flag shirt

I noticed that many investors simply invest in Sunflower American flag shirt. Next step is to identify the asset allocation. Whether it is a short term goal or long term goal, the proper asset allocation between debt and equity is a must. I personally prefer the below asset allocation. Remember that it may differ from individual to individual. However, the basic idea of asset allocation is to protect your money and smoothly sail to reach the financial goals. If you have clarity like why you are investing, when you need the money and how much you need money at that time, then you will get better clarity in selecting the product. Hence, first, identify your financial goals.

Sunflower American flag shirt, hoodie, sweater and v-neck t-shirt

Offical Sunflower American flag shirt

You must know the current cost of Sunflower American flag shirt. Along with that, you must also know the inflation rate associated with that particular goal. Remember that each financial goal to have its own inflation rate. For example, education or marriage cost of your kid’s is different inflation that the inflation rate of household expenses. By identifying the current cost, time horizon and inflation rate of that particular goal, you can easily find out the future cost of that goal. This future cost of the goal is your target amount.