Goal(redirected from goalless)
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An individual's or institution's financial objective.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
What a person or institution seeks to gain from an investment. Goals vary from investor to investor and can even change for the same investor over time. For example, a person may have the goal to extract a high return from her investments when she is young in order to finance a certain lifestyle; this person is likely to invest in high risk securities and ventures. Over time, however, this person may be concerned about protecting savings for retirement. As a result, the goals may shift and the person may invest primarily in bonds and blue-chip stocks instead. Goals influence one's investment philosophy and strategy. See also: Portfolio Restructuring.
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