You just inherited $10,000 from a mysterious great-aunt you never even knew existed. Of course you can just spend the money, but you have decided to invest it. The goal of investing is to earn money with money. However, such a goal is completely useless for the individual because it is so vague and so easily attained. In reality, an investment goal must be specific and measurable. It must be tailored to you so that it takes into account your particular financial needs. It also must be oriented toward the future because investing is usually a long-term undertaking. What is the goal of investing?
1) To earn money with money
2) To spend the money
3) To achieve a specific and measurable financial goal
4) To fulfill immediate financial needs