Answer:
1. A proper financial plan considers your personal circumstances, objectives and risk tolerance. It acts as a guide in helping choose the right types of investments to fit your needs, personality, and goals.
2. A financial goal that I have is saving up enough to purchase and own my own house and car and be able to travel. Some strategies that I could use to reach my goal is investing in stocks or rental real estate. An advantage of stocks is that they can generate income revenue greater than savings or other types of investments.
3.Have a diversified portfolio of investments, know your investment goals, keep a close eye on your investments, watch out for scammers, start tracking your investments with sharesight. The main advantage of this type of share structure is that owners get access to the capital markets, while retaining effective control and potentially warding off hostile takeovers. The disadvantage for investors is lower voting rights and trading volumes in some of these share classes.
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5. As individual investors make investment decisions, it is necessary to analyze and evaluate which factors are influenced by them. Individual investors are under the influence of three main factors, personal, financial and environmental, while making investment decisions.
Answer:
1. because you dont want to be stuck with no money and no anything then dont know how to start of from 2. My goal is that i want to save money now so i can start my hair busniess when i turn 18 next year im saving all my money for a car apartment my busniess and ect that i want
thing i use to save is by i put my money in my mini safe with a code and once i put money in it i dont take it out no matter what never touch it at all and allways add in
Explanation:
1. Why is it important to have your financial plan and goals in place when considering investments?
2. What is one financial goal that you have? Using what we have discussed in the unit, whatstrategies in saving and investing could you use to reach the goal?
What are the advantages anddisadvantages of the strategies that you would use?
3. What are some of the ways to reduce the risks of investing money?What are the advantages and disadvantages of common stocks?5. What factors can influence your investment choices and value?4
