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Personal Financial Planning 14th Edition

Personal Financial Planning (14th Edition)

Book Edition14th Edition
Author(s)Billingsley, Gitman
ISBN9781305636613
PublisherCengage Learning
SubjectFinance
Section 11-1: THE OBJECTIVES AND REWARDS OF INVESTING
Section 11-4: BECOMING AN INFORMED INVESTOR
Section 11-5: ONLINE INVESTING
Section 11-6: MANAGING YOUR INVESTMENT HOLDINGS
Chapter 11, Section 11-1, TEST YOURSELF, Exercise 11-1
Page 422

Briefly discuss the relationship between investing and personal financial planning.

Answer

Investing is a result of a successful personal financial planning. Hence, personal financial planning maps out your personal financial goals while investing (e. g. buying a house) is like achieving that financial future goal.

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