You Achieved Your Specific Goal Buying and holding is a great strategy for ultra-long-term investments, but lots of people invest in the medium to short term to make money for specific goals. For example: “I’m going to invest for a dream vacation to Thailand . . . I don’t need to take the trip anytime soon, so I’ll just put £100/month into my investment account.” Remember, if your goal is less than five years away, you should set up a savings goal in your savings account. But if you’ve invested money for a longer-term goal that you’ve achieved, sell and don’t think twice. That’s a great
...more