How to Setup Your Goals

I would like to introduce a goal setup system to you. You can use in personal, finance, family , career and business.

Goal Setup System - S.M.A.R.T SYSTEM

S.M.A.R.T system is a good method for goals setup.The world generally expect that goals should be SMART. This is stands for Specific, Measurable, Achievable, Relevant and Time-bound, and is a useful reminder of how to write a top quality goal. Here’s what it means…

Specific – your goal should have its expected outcome stated as simply, concisely and explicitly as possible. This answers questions such as; how much, for whom, for what?

Measurable – a measurable goal has an outcome that can be assessed either on a sliding scale (1-10), or as a hit or miss, success or failure.

Achievable – an achievable goal has an outcome that is realistic given your current situation, resources and time available. Goal achievement may be more of a “stretch” if the outcome is tough or you have a weak starting position.

Realisitic – a relevant goal should help you on your mission or your “bigger” objectives.

Time-bound – a time-bound goal includes realistic timeframes

How can we use S.M.A.R.T System to Set our Investment Goal. Please download the full version of Value Investing Notes.

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