Investment Planning Proposal (Kathy).doc

Fixed amount every month that way you can reduce the

Info icon This preview shows pages 3–4. Sign up to view the full content.

fixed amount every month that way you can reduce the payments and save interest in the long run. Since we don’t have an unlimited pool of money I will suggest to continue paying your student loan at the minimum payment and then as soon as you pay your credit card, start doing the same thing with the student loan payment. Instead of paying the minimum payment start paying a little more, it does not matter how much it is. At the long run you will save more money on interest if you do this. We need to put in consideration that you have other things that needs to be paid. Saying this Kathy, you need to learn more about mutual funds, bonds and stocks. You can decide which one you want to go with and start dividing all your investment money between multiple organization or type of investments. This will reduce the risk of losing everything and will provide you more variety in your portfolio. This is an exiting time and if you can manage to reserve that money for investment you and your kids will not forget about it at the long run.
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

4 References Khan Academy Videos provided by Professor Thomas Keeling.  J. Kapoor, Les Dlabay, R. J. Hughes. M Hart, Ebook Focus on Personal Finance, Fifth  edition 2016 by MC Graw Hill Education  iGrad Information provided by University of Phoenix. 
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.
  • Fall '17

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern