23 – Saving for the Medium to Long Term

So you’ve begun saving for the common scenarios of your day to day life. You’ve accumulated cash to cover credit card float, living expenses and anticipated costs or emergencies. What about the long term? Say tuition costs or even retirement? When looking to the future to save for these types of expenses that are 10 to 40 years down the road you must factor two things: Investment Objective and Tolerance for Risk. Ken dives into these concepts and where best to place your assets depending on these factors. Paul Merriman First Time Investor - How to Grow and Protect Your Money