Never, ever invest money that you will need prior to three to five years - minimum.

Summary

This quote emphasizes the importance of long-term thinking and planning when it comes to investing money. It advises against investing funds that may be required in the near future, emphasizing the need for a minimum time horizon of three to five years. By setting this timeframe, it acknowledges that investments may experience fluctuations and short-term volatility, which could have a negative impact if the money is needed immediately. The quote encourages individuals to prioritize stability and give investments sufficient time to potentially grow and generate returns.

Topics