Final Exam Flashcards
1
Q
Investment planning. What questions should you ask yourself to develop your goals?
A
- How much will you need for your goals?
- How will you obtain the money?
- How will long will it take you to obtain the money?
- How much risk are you willing to assume in an investment program?
2
Q
Establishing investment goals. What are some questions and things to consider?
A
- What possible economic or personal conditions could alter your investment goals?
- Are you willing to make the sacrifices necessary to meet your investment goals?
- What will the consequences be if you don’t reach your investment goals?
- Given your economic circumstances, are your investment goals reasonable?
