This article was submitted by a Guest Contributor. The opinions expressed in this publication are those of the Guest Contributor. 1. Not adjusting strategies for short and long-term investing  We often talk about long-term investing – but what is long-term to you? Most of us have short-term and long-term goals, and this requires a different strategy to achieve. When you allocate money to investing, what goal are you trying to achieve? Have different strategies for your short-term and long-term investing goals – your risk tolerance for each will be different. For instance,

• 3 year short term investing goal to build up funds for a mortgage down payment
• 10 year long term investing goal to build up a retirement fund

Knowing your time horizon is important. This helps you determine how much risk you are willing to take, and what strategy to employ....