Quote by Suze Orman
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
Money
By Suze Orman