Investment Proposal

timer Asked: Oct 16th, 2018
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Question Description

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.

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Investment Planning Proposal FP/100 Version 1 University of Phoenix Material Investment Planning Proposal Imagine you are meeting with friends to discuss the importance of investments as part of a retirement plan. Read the following summaries of the financial situation and goals of two of your friends: Kathy Kathy is a 28-year-old, single mother of twin boys. She has been working as a public relations media specialist for three years, having worked at the same company where she started out answering the phones. She has her B.A. in Communications and a student loan of $20,000 she has not yet begun to pay off. Her job pays $70,000 a year. She receive no financial support from the father of her twins. Her costs include paying for childcare, credit cards, and a mortgage. She is able to set aside between $200325 a month in a savings account. Her financial goals are to pay off the remaining $1,000 of her credit card debt, and to begin contributing to a retirement plan. Her employer offers a 401k with a 3% match, and she is not yet enrolled in that plan. Jackson Jackson is a recently graduated 44-year-old, single man. He earned his B.S. in Criminal Justice and just recently started a job at the local police department earning $45,000 a year. Jackson pays child support for one child from a previous marriage. His student loans total $30,000, and he has no other debt at this time. He expects to have $200 a month to contribute toward his goals of owning a home and having a more secure retirement. Choose one friend and write an APA-formatted, 3- to 4-page proposal advising a friend about investing for the future. The text of your proposal should be a minimum of 700 words. You may add any graphics or illustrations that support your proposal. 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. Copyright © 2017 by University of Phoenix. All rights reserved. 1 ...
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Tutor Answer

School: Boston College



Investment Proposal




Jackson wants to have a home and hope to advise safeguard his retirements. This
paper explains the important undertakings and aspects which may assist him accordingly on
why and how need to consider having in order to accomplish his goals. The context of
investment planning sets the foundation for my investment planning proposal.
Investment planning is vital to save more of what one earns as well as earnings from
the ventures (Kaur, & Kaushik, 2016). It is crucial because it allows individuals to
accomplish their financial objectives. Wise investment planning is important in achieving
financial freedom and needs of a person even when they emergency money or when they
retire. It is essential to establish the financial goals and plan for what you seek to accomplish.
Equally, comprehending financial assets assists in investment planning because the assets
allocations intend to meet the financial needs. Investments can be accomplished in the forms
of stocks, bonds, and other securities t...

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