Why is proper planning important when investing?
Write down your own long term investment strategies/goals, and how you willachieve them, and what you expect your financial outcome to be in the future.
Do you plan to retire in the future, or do you see yourself continuing to work throughout your life?
Use your own individual risk tolerance level to select types or sectors of investments.
Do you think that your risk tolerance and investing approach will allow you to achieve your financial goal.
Develop an asset allocation investment plan and how and why you will be successful.
Will your investment asset allocation change as you age?
What Mutual Funds, ETF’s, and Stocks would you consider investing in, and why?
Discuss the importance of diversification, and the importance of rebalancing your investments.
Will your investment plan be diversified enough to achieve your tolerance for risk.
I will be grading you on your writing ability, and investment action plan approach.
Make certain that you summarize why you made the decisions you made.