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2 pages/β‰ˆ550 words
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Subject:
Accounting, Finance, SPSS
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English (U.S.)
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Topic:

Principles of Finance: Investing in My Future

Essay Instructions:

Develop a one-paragraph summary using the Writing Assignment Template [DOC]. A section for your summary has been provided within the template.
Note: Do not use this summary as the introduction to your paper.
1.Think about what you learned in this course. What are your new financial goals?
2.Would you like to become more liquid, to save more for your retirement, or to start a new business?
3. Whatever your goals, finance is right at the core. Think about what you learned in this course regarding investing to complete this assignment.
Paper
Write a two-page paper in which you:
1.Write an introduction in your own words, based on the content of your paper
2.Describe three ways you will invest in your future based on the principles of finance discussed in this course. Include terminology from the course and use citations as necessary to support your explanation of the terminology.
3.Discuss one of the three ways you feel most confident as a way to invest in your future. Explain your level of confidence.
Of the three ways that you will invest in your future, discuss the one that you perceive might be the most challenging. Then, discuss how you might overcome some of those challenges

Essay Sample Content Preview:

Principles of Finance: Investing in My Future
Name
Course
Instructor's Name
Date
Summary
In this course, I have learned, in detail, the concept of finance and what it entails. I learned that finance incorporates three key areas; financial institutions and markets, financial management, and investments during my introduction to finance. While all three areas are significant, the last two stuck with me. On a personal level, learning about financial management and investment has changed my outlook on finances. My goals have changed because I am more informed. My main goals now include becoming more liquid and establishing an emergency fund; the COVID-19 pandemic is proof that life is unpredictable, and preparation is essential.
Principles of Finance: Investing in my Future
When we hear of finance, we think about money. Money helps us acquire commodities. It helps us meet our basic needs, such as food and shelter. Because our future is unpredictable, we need to stay prepared by investing in our future. Therefore, we need to plan how we can get money to sustain ourselves now and in the future. This is where the aspect of personal finance comes in. Personal finance involves planning and managing one's money through activities such as income generation, savings, and investing (Corporate Finance Institution, 1). Below are some of the three ways to invest in my future as part of my personal finance activities.
Three (3) Ways I will Invest in My Future
This course introduced me to various ways of investing in the future. I would invest in stocks, bonds, and mutual funds. Stocks refer to buying equity securities or ownership of a stake in a company (Morah, 2). Bonds refer to buying debt security or lending money to an institution at an interest. Mutual funds involve investing in bonds, stock, or cash, and investors buy shares in a mutual fund (Investor.gov, 3). The main difference between these three ways of investing is the level of risk and return. Stocks are high-risk, high-return investments. Bonds are low-risk, low-return investments, while mutual funds are moderate. Also, interests/ dividends in both...
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