Part of financial planning is identifying the types of investment one is willing to make to help them achieve their financial goals. SEE ALSO: Algeria tightens travel restrictions to limit coronavirus infectionsAnalyzing your Risk AppetiteLiquidity NeedsIn this article, we focus on factors to consider when making investment decisions during the Coronavirus pandemic. It is important that before investing, know your risk tolerance especially since the pandemic might have changed your risk profile. The investment horizon determines the investor’s income requirements and desired risk exposure, which then helps in choosing the appropriate investment product. In conclusion, when making an investment decision at this time ensure that you avoid making emotional decisions.
Source: Standard Digital July 10, 2020 12:22 UTC