Lecture Personal finance - Chapter 11: Investment planning

GITMAN/ JOEHNK/ BILLINGSLEYIN4 Investment Planning Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. LEARNING OUTCOMES 1 Discusstheroleinvestingplaysinfinancial planning processandidentifyseveral differentinvestment objectives 2 Distinguishbetweenprimaryandsecondarymarkets aswell asbetweenbrokeranddealermarkets 3 Explaintheprocessof buyingandsellingsecurities andrecognizedifferenttypesof orders Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH11 2 LEARNING OUTCOMES (continued) 4 Developanappreciationof howvariousformsof investmentinformationcanleadtobetterinvesting skillsandreturns 5 Gainabasicunderstandingof thegrowingimpact of thecomputerandInternetonthefieldof investments 6 Describeaninvestmentportfolioandhowyou’dgo aboutdeveloping,monitoring,andmanaginga portfolioof securities Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH11 3 Investing • Process of placing money in some medium in the expectation of receiving future benefit • Speculating: Future expected returns are value and highly uncertain Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH11 4 Investment Objectives • Enhance current income • Save for major purchase • Accumulate funds for retirement • Seek shelter from taxes Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH11 5 ... - tailieumienphi.vn