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Please explain each of the following six steps in developing a financial plan: The Guiding Principles Assumptions Short-Term Investments Long-Haul Investments Risk Tolerance Utilizing TFSAs

Please explain each of the following six steps in developing a financial plan:

  1. The Guiding Principles
  2. Assumptions
  3. Short-Term Investments
  4. Long-Haul Investments
  5. Risk Tolerance
  6. Utilizing TFSAs and RRSPs

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