CC3152_L08_ch11+ - INVESTMENT PLANNING CC3152 Principles of...

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CC3152 Principles of Financial Planning ˟˘˖˧˨˥˘ʳˋ INVESTMENT PLANNING
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5-2 (I) The Objectives & Rewards Of Investing [LG1] Investing —usually considered a long- term activity. Future values and returns expected to increase through time. Speculating —usually considered a short-term activity. Future values and returns highly uncertain. Investment prerequisites —adequate insurance coverage and cash/savings (emergency fund) to provide protection against the unexpected
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5-3 Coming Up With the Capital Determine your financial objective. How much money will it take? Do you have a lump sum to invest now, or will you systematically save toward your goal? Your investment plan provides direction in helping you attain your goal
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