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Investment Planning Ebook
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Description
Before investing your money, it's imperative to analyse your long-term financial goals. Where do you see yourself in five, ten, twenty, or thirty years? Do you want to own your home free and clear? pay for your child's college education out-of-pocket? retire early through the fruits of your investments? Selecting your financial goals begins with envisioning the lifestyle you'd like to enjoy in the future.
With that said, your goals need to be in line with the earning potential of your investments. If you're investing all of your money into an investment with a notoriously low rate of return, chances are that you won't be able to earn $1,000,000 in twenty years. However, if you choose an investment that is known for its high returns and invest as much as you can reasonably afford your chances of reaching your goal increases exponentially.
refrain from setting loose goals. Stating that you'd like to improve your financial situation "in the future" leaves too much wiggle room. After all, when is "the future"anyway? This wiggle room will leave a gaping hole when trying to analyse the performance of your investments.
Set financial goals that are attainable, yet ambitious. Set both long-term and short-term goals for your finances. In doing so, you'll have a solid figure to work towards and have an honest method of evaluating the successes and vitality of your investment's performance.
Features
- Setting Investment Goals
- How Much can you Invest to Get you Moving Towards Your Goal?
- Working it Into Your Budget
- Types of Investments
- Start as Early as Possible
- The Power of Long-Term Interest
- Short-Term Investments
- Tax-preferred Investments vs Regular Investments
- Choosing an Investment Advisor
- Conclusion
- Instant download to your smartphone, tablet, or computer.
- Exclusive to Royalty Luxury Health and Beauty.
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