family. However, life insurance may be much more important

Financial Planning Exercise $5-$ Investment Plan

The textbook provides quite a bit of information about investment alternatives. Write a few paragraphs that describe your lifetime investing goals and strategies. In particular, discuss how much wealth you plan to accumulate, what risks you are willing to take to reach your goals, and the types of investments you see yourself choosing. How did you arrive at the amount of wealth you want to achieve? What drives your risk choices? What do you believe will be the main keys to your reaching your goals? $($Please ensure that your investment discussion choices "make sense." For example, it is unlikely that you will become a billionaire by saving $$50$ a month for $40$ years in a regular bank savings account.$)$