Investment horizon
Investment horizon is the period during which an investor plans to hold an investment before selling it. This horizon can be short-term (a few months), medium-term (a few years), or long-term (ten years or more). The length of the investment horizon affects the investment strategy, asset selection, and risk tolerance. Longer investment horizons often allow for greater flexibility and tolerance to volatility, while shorter horizons may require more conservative investments and less risky assets.