Develop Your Investment Plan

At the outset, ask yourself the following questions:

• What is the purpose of your investment?
• How much can you invest?
• When will you need this money?
• How much should you risk?
• What should you invest In?

Most people opt for the first investment plan presented to them which is usually a mistake.

• Prepare a thorough list of all the options that can help you meet your goal.
• Take the time to understand the pros and cons of each.
• Narrow your final investment choices down to a few that you feel confident about.
• Discuss the plan with your trusted investment advisor.
• Once you have a plan, stick with it!