Hierarchy of Investment Needs

Investments are made for a wide range of needs. One could be saving for one’s retirement which can be many decades away. Another could be saving to buy a house in 5 to 10 years. Or one could be saving for a new laptop which could be a couple months away. So in today’s video we are going to review the 5 levels of “Hierarchy of Investment Needs” so you can use it as a framework to help you prioritize your money based on the stage of life you find yourself in.

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Timecodes:

0:00 - Intro
1:50 - Basic Financial Needs
4:12 - Insurance
5:50 - Short-Term Investment Goals
7:24 - Medium-Term Investment Goals
9:37 - Long-Term Investment Goals

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.