Question: Explain each of the following six steps in developing a financial plan: 1.The Guiding Principles 2.Assumptions 3.Short-Term Investments 4.Long-Haul Investments 5.Risk Tolerance 6.Utilizing TFSAs and

Explain each of the following six steps in developing a financial plan:

1.The Guiding Principles

2.Assumptions

3.Short-Term Investments

4.Long-Haul Investments

5.Risk Tolerance

6.Utilizing TFSAs and RRSPs

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