You might have thought of your future and zeroed in on various financial goals like retirement planning, emergency planning, children's education, vacations, and more. And for each of these goals, you might have set different timelines and budgets.
Therefore, your investment needs can vary for each of these goals. For example, you might prefer long-term investments to build a sizable corpus for retirement planning. In contrast, for emergency planning, you might look for investments offering short-term liquidity.