Investment is using money to purchase assets in the hope that the asset will generate income or appreciation over time. Considering your risk tolerance, diversification, and asset allocation, an investment plan could help you decide how much to invest in stocks, bonds, cash, and real estate to maximize your returns. It would also help you choose amongst the broad range of investments available.
An investment plan is part of a comprehensive financial plan that maps out an investing strategy to help you meet your long and short-term goals, such as retirement or buying a house.
At the end of the course, you will be able to understand the following:-