> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://curvo.crisp.help/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# How do you define "long-term" investing?

Every investment carries risk. Even though the global economy has been growing consistently over the last 100 years, there have been periods of downturns where returns were negative (think about the corona crisis!). To iron out temporary fluctuations in the markets and end up with a positive return, it's important to invest for the long term.‍

Investing through the Curvo app in one of the [portfolios](https://curvo.eu/portfolios) is not for you if:
* you want to actively pick stocks to invest in
* you're looking to make a quick buck through your investments

Investing is for the long term, speculation is for the short term. **All investments over a 2 year period are "long-term" in our book**.