Finance for Business Relative Moderate Investors Response Discussion
These are student statements in a discussion just add facts or opinions or even anything you may wanna add on to what their saying
1)My results in the “How Risk Averse are you” is a 14, it says I am a relative moderate investor. I will want to take a diversified approach to asset allocation, with moderate allocation to stocks balanced with short and long term fixed income securities. I have to say I agree, I like to take chances and usually invest in aggressive mode.
My results were Myopia: I prefer to spend on short term gratification and have a hard time allocating funds for the future.
Ignoring inflation: I have underestimated my future income.
Focusing on averages: I have a 50% chance of saving too little.
It won’t happen to me: There is an tendency to optimism.
This responses are true, I love to travel and have no worries spending it with my family if I have a little extra money saved,
Having a college education will help me achieve a better position and therefore have a better income in the future. Having a family with four kids is not an easy task and everyday I have to spend on necessities, I’m starting to save for their college, having the college degree myself will put me in a good position to be able to compete for a higher position at work. To pay for my college education I have decided to pay it on a monthly basis while attending college this way once I am done I will only have a little bit left to finish paying my loan.
2)As of right now I use the federal student loans to pay for college because at this time in life I am not sent to be using money to pay for college and have money left over for my other life going on things like bills and getting things I need in life to keep it moving. I don’t know my monthly payment plan just yet because I was gone let myself finish with the whole program to see what a monthly payment i will need to set up because you never know what will happen that you might to stop for a mini and start back or in my case fail a class when I was doing so good . I feel like they will work out a plan that will help still maintain with your other person life thing and it’s up to myself to pay on time or get it all out the way . Sometimes college fees can put a whole on you investing in thing due to the fact you have to pay your each funds to the student loans and interest might kick in and you be looking lost because you trying to keep up with everything