Time Horizon
How long until you'll need the money you're investing.
Time horizon is the length of the runway. Money needed soon belongs somewhere safe; money that won't be touched for decades can afford to ride out the market's ups and downs in search of growth. A young child's horizon is enormous, which is their single biggest investing advantage.
Explain it to your kid
"How long until you'll need the money."
Related words
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MemoryBank is a display and education tool, not a financial advisor. Nothing here is investment, tax, or legal advice.