When it comes to the investment, many newcomers or people with frequent requirement find it difficult to invest for longer amount of time. Here by short investment i mean any investment which is less than year old. That investment has been cashed out within a year. And by long term investment I mean investment which will be kept for more than year ( ideally 10 years or so).
What do you think which is more beneficial short term investment or long term investment
We make investment to secure our future while we are currently earning in the job we specialized with. So, if it is for the future, it should be in a long term investment that when the time comes that we are not capable of doing things, we have a source of income to finance our needs at an old age. So, I think long term is more beneficial.