One of the most important considerations before choosing an investment avenue is the expected “time horizon”, i.e. time in days, months or years that an investor intends to stay invested.
All investments should ideally result from a financial or investment plan. Such plans usually indicate how long it would take for a financial objective to be met.
The decision on how long one needs to stay invested, depends on investment objective. Investors need to periodically review investment status and progress, with their advisors. During such reviews, decisions to redeem, switch, invest or leave alone are usually made.