Inestment Paper
Essay title: Inestment Paper
Investing is critical to all who set goals in their lives. Over time, investing can offer you several opportunities like starting a business or firm, allowing the home of your dreams to become a reality, the possibility of enjoying more leisure time, and, of course, a financially secure retirement. However, investing alone cannot guarantee a brilliant financial outlook. It is a combination of restraint on expenditures, research to make wise decisions, and patience over the years, which will allow for success. To make intelligent investment choices five factors that must be taken into consideration are personality, suitability, income available for investment, risk aversion, and yield curve.
According to my psychological investment profile my personality is best suited for relatively safe investments. The psychological report indicated that my self-discipline and self-control are very high. Both qualities allow for better control over expenses and a higher propensity to save. The personality profile indicates that my investment personality is quite conservative, which in turn illustrates that I am risk averse.