What’s Your Investing Time Frame?

It’s something you need to fully grasp to effectively pass down your wealth to the next generation (if you’re well off) – or avoid running out of money in retirement yourself (if you’re not)!

A woman looks at a clock.
(Image credit: Getty Images)

A great adviser will spend time getting to know you before they give advice or make recommendations. During this process, they are trained to ask three important questions: 1. What is your investment objective? 2. What is your risk tolerance? and 3. What is your time frame?

An experienced adviser will often ask these in the course of conversation, and in more than one way, because their experience has shown that some clients aren’t great at self-assessing. Also, getting clarity on these important points will lead to better recommendations. To establish an effective investment plan, this information will be needed, along with other contextual data points, such as specific goals, tax status, liquidity needs, etc .

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Joey Sager, IAR
Managing Director, Venturi Private Wealth

Joey Sager, managing director at Venturi Private Wealth, has been a financial adviser for over 35 years. His love for serving others has made this a good career fit and has also led to helping the less fortunate  both at home and abroad to develop sustainable, income-producing businesses to lift themselves and their communities out of poverty. He and his wife are both pilots and musicians raising two beloved children while staying active in their community.