Page 41 - Workbook3E

3 How is Your Return on the Investment?
Does this particular investment make sense in terms of your knowledge and investment experience? Does it fit your investment plans and satisfy your short- and long-term investment goals?
Current Investment Menu:
The following list provides a menu of investment categories to consider as you identify, define, and plan out your investment goals. Be sure to make short- term and long-term goals and strategies.
• Personal Assets: Home(s), furnishings, automobiles, apparel, jewelry.
• Insurance: Life, health, disability, casualty, disaster, business, self- insurance.
• Real Estate: Raw land, farmland, rental property, commercial real estate.
• Your Own Business. Even just a side business to supplement your income.
• Someone Else’s Business: Stocks, mutual funds.
• Bonds, Notes, Loans, Annuities.
• Gold, Diamonds, Art Objects, Collectibles.
Uncertainty, Vagueness, and Risk
As you consider the various investment opportunities listed above, one fact is obvious: The future is uncertain. A cloak of uncertainty surrounds each investment opportunity. Will the economy grow at a vigorous rate or falter in an environment of financial difficulties? Will stocks rise to new heights or fall to historical lows? Will interest rates go up or down? Will interest in collectibles and art be faddish or long lasting?
No matter how you answer these questions, there are some concrete issues: You need a home; children’s educations must be financed; retirement is an approaching reality, and taxes must be paid. These are only a few of life’s more important responsibilities moving us toward savings and investments.
Invest Today For Tomorrow
“Porkbellies? You lost my tuition on PORKBELLIES?
Access Education Systems © 2013 37