Getting Ready to Invest
Most people invest to achieve specific financial goals. Some of these goals are widely shared. For example, many people want to own their own home and send their children or grandchildren to college. And there's an almost universal desire to retire comfortably, with the reasonable expectation that you will have adequate income for as long as you need it.
Before undertaking any investment program, though, it is critical that you assess your current situation and form goals. You'll need to take an accurate measurement of your finances to determine how much you can invest reasonably. Then you'll need to ask yourself a few key questions: What are your goals and what will they cost? When do you want to achieve each goal?