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How would you suggest your friend start retirement planning

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Reference no: EM132003647

Question: Financial advice: we can all use at least some, right? In this assignment you give that advice in a scenario we have drafted. Based on what you have learned in this course, what is the financial planning advice you would give? Answer this by completing the assignment.

Review your Week 5 Learning Activities.

Complete the Investment Planning Proposal.

• Review the Instructions for the Investment Planning Proposal.

• Use the APA Sample Template to write and submit your proposal.

• Format your assignment according to appropriate course-level APA guidelines.

• Your proposal includes two to three APA-formatted references. See the Citation Generator for assistance, if needed.

Address the following in your proposal:

• Why is investment planning important?

• How would you suggest your friend start retirement planning? What steps should he/she take to start?

• What investment strategy would you suggest? Why? (Note: Your strategy should explain how money could be invested in stocks, bonds, mutual funds or a mix of all.)

• Of what risks and rewards of investing should your friend be aware?

• How could your friend minimize the risks associated with investing risk?

• Provide two to three resources you would offer to your friend to continue learning more about investments and retirement planning and discuss how these can help.

Your paper must cite two to three academic resources (only one source can be your class textbook).

Submit your proposal to the Assignment Files tab.

Information related to above question is enclosed below:

Attachment:- fp100_r1_w5_investment_planning_propsal.rar

Reference no: EM132003647

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