Question: To get started on your course project, you need to develop an investment plan. This plan will guide your project. You need to consider the
To get started on your course project, you need to develop an investment plan. This plan will guide your project. You need to consider the following questions:
What are your investment goals?
What is your risk tolerance? This answer is influenced by factors such as age, income, financial responsibility, job stability, and other items.
What is your time horizon?
What is your tax situation?
What is your knowledge of investment alternatives?
What possible future events in your life might necessitate updating this initial plan?
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