Investment refers to purchasing products and services for
future gains of an individual, a family unit, or an institution.
Though these products and services are not purchased for
immediate consumption, they have the potential to create higher
future returns for the investor.
There are various types of products and services available in
the financial market to benefit from the capital investments.
Some of the products and services that can be used as an
instrument for getting personal financial returns are: bank
products, bonds, stocks, investment funds, annuities, educational
investments, insurance, retirement plans, and so on. By
adopting a wise investment strategy and by adopting a
diversified investment portfolio, the returns can be maximized
and the financial goals can be achieved for both long-term and
short-term tenure.
The short-term financial plan is adopted for short term
monetary gains, wherein the returns can be expected within a
year that is attributed with low-profit and low-risk factors.
Examples of the short-term financial plans include Savings
account investments, fixed deposit scheme, money market funds.
On the contrary, a long-term financial plan can be adopted for
long term monetary gains, wherein the duration of the plan
can extend for more than year. Generally, the short-term
assets/products are sold in the market after the maturity
period, which provides good returns for the investor. However,
the long-term assets/products are held in the investor's
possession that can earn returns in the form of dividends,
interest as declared in the financial market.
While there are various type of investments available in the
market to gain profitable returns, many types of risks prevail
while adapting the personal investment plan. These risks can be
mitigated by availing some of the insurance coverage bonds.
For example, an individual's life can be covered through life
insurance coverage, a vehicle asset of an individual can be
covered through an automobile insurance coverage, and a
retirement plan of an individual can be covered through
long-term care insurance.
Further, due to the volatile nature of the financial market, it is
important to understand the various types of investment plans
available in the market and the kind of profitable returns that
can be expected by adapting the investment plans. Some of the
well-known investors who have succeeded in the financial
investment market for a long-time, such as Warren Buffet,
Edward O.Thorp have attributed their success for adopting
long-term investment plans with due diligence. Hence, any
individual, business unit, or a family must be well-versed in the
money management principles to meet the financial
requirements and goals for a long-term.
Título : Personal Investment Crash Course
EAN : 9781393682905
Editorial : IntroBooks
El libro electrónico Personal Investment Crash Course está en formato ePub
¿Quieres leer en un eReader de otra marca? Sigue nuestra guía.
Puede que no esté disponible para la venta en tu país, sino sólo para la venta desde una cuenta en Francia.
Si la redirección no se produce automáticamente, haz clic en este enlace.
Conectarme
Mi cuenta