Investment Planning
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The act of setting financial goals and putting them into a strategy is known as investment planning. The determination of goals and objectives is the first step in investment planning.
Why Is Investment Planning Important?
People can rely on investment as a reliable source of income on a regular basis. One of the most essential goals of the investment process is to earn a return in the form of interest and dividends. Investors look for opportunities that offer a higher rate of return while posing a reduced risk. Another key role that investing activity plays is the creation of wealth. It aids investors in accumulating wealth by allowing their cash to appreciate over time. By selling assets at a much greater price than the initial purchase price, investment aids in the accumulation of significant sums of money.
Benefits of investment Planning
- Improves Standard of Living
- Future Financial Rewards
- Financial Understanding
