Address the following in your proposal: . Why is investment planning important?
ID: 1163172 • Letter: A
Question
Address the following in your proposal: . Why is investment planning important? . How would you suggest your friend start retirement planning? What steps should he/she take to start? . What investment strategy would you suggest? Why? (Note: Your strategy should explain how money could be invested in stocks, bonds, mutual funds or a mix of all.) . Of what risks and rewards of investing should your friend be aware? How could your friend minimize the risks associated with investing risk? . Provide two to three resources you would offer to your friend to continue learning more about investments and retirement planning and discuss how these can help. Your paper must cite two to three academic resources (only one source can be your class textbook) Submit your proposal to the Assignment Files tab LIExplanation / Answer
investment planning is the blueprint of all the investment decisions. it is necessary as it provides the framework , which entails what you are looking to invest, how you to invest your money, why is the need to invest, and the estimated returns. retirement planning should be started as soon as an individual starts to earn.any investment started at the earliest reaps better returns-following the law of compounding to mitigate the risk and at the same time to get optimum returns, investment should be diversified into low risk (bond and debentures) and high risk (stock market) yielding asstes. risks associated with investment that should be borne into mind are : credit risk, liquidity risk, market risk, inflation risk , longevity risk risks associated with investment can be minimised by understanding one's investment goals and risk tolerance and by Diversifying one's investment portfolio across investment product types and economic sectors.
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