Part II – Now that you have identified your risk tolerance, you are going to begin to develop your own personal investment strategy that will serve as the introduction to your final project submission.In one page, you are to design your own personal investment policy. In the policy summary, be sure to identify the following main points:Reserve Funds based on your monthly expensesRisk ToleranceSuitable Investments based on Risk Profile – (Focus on Investment Type, not specific investments)Hint: Suitable investments to meet asset preservation are savings accounts, money markets, time deposits)Investment Time HorizonUse APA FormatSteps to investing: 1) Meet investment prerequisites: make sure you have taken care of basic needs such as: food, shelter, clothing, and have cash reserves available for emergencies (Smart, Gitman, & Joehnnk, 2017,p.14). 2) Establish investment goals to direct you towards the correct type of investments to make to: (a) accumulate retirement funds, (b) enhance income, (c) save for major expenditures, and (d) shelter income from taxes (Smart, Gitman, & Joehnnk, 2017,p.14). 3) Adopt and investment plan: once you have established your goals create a written plan that includes time frames and risk levels you are willing to take (Smart, Gitman, & Joehnnk, 2017,p.15). 4) Evaluate your investments by assessing the risk and return potential, this topic will be studied further in the e-textbook (Smart, Gitman, & Joehnnk, 2017,p.15). 5) Select suitable investments after you complete due diligence and determine how much risk you are willing to take (Smart, Gitman, & Joehnnk, 2017, p.15). 6) Construct a diversified portfolio to avoid putting all of your eggs in one basket; you will be able to earn higher rates of return while reducing risk through diversification (Smart, Gitman, & Joehnnk, 2017). 7) Manage the portfolio of investments to make sure the actual performance is close to the expected performance or rebalance your portfolio if needed (Smart, Gitman, & Joehnnk, 2017).
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download
