[header] How to create an investment plan [title] Select an age-appropriate investment option. [step] Your age will have a significant impact on your investment strategy. [substeps] Generally speaking, the younger you are, the more risk you can take.
That's because you have more time to recover from a market downturn or loss of value in a particular investment. So, if you're in your 20's, you can allocate more of your portfolio to more aggressive investments (like growth-oriented and small-cap companies for example).