Research Paper Assignment: Developing A Financial Plan
Assume you are single and have graduated from college. Your monthly take-home pay is $2,500 and your monthly expenses total $2,300, leaving you with a monthly surplus of $200. Develop a personal plan of action for investing using the steps listed in Exhibit 13.5.
1. Establish your investment goals.
2. Determine the amount of money you need to obtain your goals.
3. Specify the amount of money you currently have available to fund your investments.
4. List different investments that you want to evaluate.
5. Evaluate (a) the risk factor and (b) the potential return for all investments.
6. Reduce possible investments to a reasonable number.
7. Choose at least two different investments.
8. Continue to evaluate your investment program.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.