are long term goals the same thing as short term
Define Goal. A goal is a stated result or specific aim that an individual or team works toward. Defining a goal provides a result or direction that can be achieved in the short or long term. A short-term goal such as completing the foundation of a building might take several weeks or months to finish. Another might be a step that takes a few hours or days -- such as creating a study plan to successfully complete a class. A long-term goal might be becoming a lawyer or constructing a building. Short-term goals are usually components or parts of a long-term or larger goal. Define Mission A mission is the statement of purpose from which a company, business or individual operates.
Short-Term Vs. The difference between long-and short-term capital gains lies in the length of time the investment is held. Simply put, long-term capital gains are those derived from investments held for more than one year.If you purchase 100 shares of stock for $20 per share and sell them six months later for $25 per share, the $500 in profit is considered short-term capital gains by the IRS.f you purchase 100 shares of stock for $20 per share and sell them six months later for $25 per share, the $500 in profit is considered short-term capital gains by the IRS.