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What are the most important factors to consider when choosing an investment strategy?
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1. Risk tolerance – Investing is a risky business, and it's important to assess your own risk tolerance before investing in any way.
2. Goals – What do you hope to achieve with your investments?
3. Time horizon – How long will you be invested for?
4. Investment costs – Are there fees associated with investing that you should take into consideration?
5. Tax efficiency – Taxes can have a big impact on returns from investments, so make sure you understand how taxes affect your investments.
6. Market conditions – It's important to stay up-to-date on current market trends and news to ensure you're making the best decisions for your portfolio.