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Need an argumentative essay on Investment Plan. Needs to be 3 pages. Please no plagiarism.From this discussion it is clear that .as a young person and as a risk taker by nature, the reporter plan
Need an argumentative essay on Investment Plan. Needs to be 3 pages. Please no plagiarism.
From this discussion it is clear that .as a young person and as a risk taker by nature, the reporter plan on pursuing an aggressive investment plan. He does not come from a rich background but he believes that the only way to get rich is to risk everything that one has and they are bound to get high rewards as a result. The author believes that he is a fairly patient person with the right mind set to wait for as long as it takes before he receives the rewards. In addition, since the reporter is soon going to be newly employed, he wants to start living on a budget that is entirely dependent on his gross pay rather than dipping into his savings. This means that he will not be relying on the investment money for his survival. The reporter will also supplement his retirement fund with monthly contributions from his salary.As the paper stresses as indicated before, as a young investor, his strategy is based on being aggressive, high risk and high rewards. Furthermore, due to his young age, negative market fluctuations in the next 40 years or so are bound to be cancelled out by the positive market fluctuations, leading to high rewards. The reporter's first investment strategy will be based on the conventional formula for finding the optimum target asset allocation meant for investing the $ 2,500 savings for his retirement fund. He might invest part (75%) of the money to purchase stock in Amazon Inc while the rest of the money will be invested in HICOX.
