this post was submitted on 03 Apr 2025
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What's your investment horizon?
I'm mid-thirties, so about 30 years I guess in theory, unless I need it for something earlier. Doesn't help me feel better right now, I'm also going through a massive depressive episode at the moment for unrelated reasons and this is just compounding it..
Yeah, that's a sufficient period. Wouldn't worry about it.
I'll try! Thanks for chiming in I appreciate it.
I personally follow the advice from "Smart Personal Finance Management For Ordinary Folks - R. Kurshan" regarding risk management.
The author argues that you should handle risk by balancing cash/stock. For s&p500, the math turns out at 4 years: If you expect you'll need to spend more than your income in this or 4 years time, you should start planning the sale of your stock. In other cases, leave it as stock.
The methodology should work on your investment product(s) too, but the exact horizon might be different.