Investment planning is very important before venturing into a new business, it helps to identify the rightful need that can be impactful and brings benefits after the market research, budgeting which is the actual allocation of monetary and other resources to where they should operate, reduces the risk of resource wastage and losses.
Investment planning provides a road map for your investment. It shows the time horizons, amount invested, risks involved and how you can potentially spread your investment for Risk mitigation
Full Name: Carol Zulu Cohort:29 Country: Zambia Topic: investment planning. In this topic my take home was Investment planning is the process of deciding what to do with your money like where you save,invest or spend it so it can grow, handle risk and fluctuation and help you meet your future goals.
Full name: Virginia Kurambwi Country: Zimbabwe Cohort 35 I learnt that investment planning is the process of creating a clear financial roadmap to achieve long-term goals. It involves first understanding your current financial position by assessing your assets, liabilities, income and expenses, then setting SMART goals and choosing investments according to your time horizon and risk level. Short-term goals require safer options to protect your money, while long-term goals can allow for more growth-oriented investments. Overall, investment planning helps you know where you are, where you want to go, and how to get there financially.
Investment planning is very important before venturing into a new business, it helps to identify the rightful need that can be impactful and brings benefits after the market research, budgeting which is the actual allocation of monetary and other resources to where they should operate, reduces the risk of resource wastage and losses.
ReplyDeleteName: sserubira Elizmas
ReplyDeleteCountry: Uganda
Cohort:9
Lessons: I have learnt that I should save my mental health by investing wisely
Full Name: Chikondi Zulu
ReplyDeleteCohort: 35
Country: Zambia
Topic: investment planning.
Investment planning provides a road map for your investment. It shows the time horizons, amount invested, risks involved and how you can potentially spread your investment for Risk mitigation
Full Name: Carol Zulu
ReplyDeleteCohort:29
Country: Zambia
Topic: investment planning.
In this topic my take home was
Investment planning is the process of deciding what to do with your money like where you save,invest or spend it so it can grow, handle risk and fluctuation and help you meet your future goals.
Full name: Virginia Kurambwi
ReplyDeleteCountry: Zimbabwe
Cohort 35
I learnt that investment planning is the process of creating a clear financial roadmap to achieve long-term goals. It involves first understanding your current financial position by assessing your assets, liabilities, income and expenses, then setting SMART goals and choosing investments according to your time horizon and risk level. Short-term goals require safer options to protect your money, while long-term goals can allow for more growth-oriented investments. Overall, investment planning helps you know where you are, where you want to go, and how to get there financially.