When we talk about investment you would have come across the word portfolio. But what exactly is a portfolio in layman's English? A portfolio is actually all the stocks you have purchased for a particular purpose. Investors buy stocks for many different reasons like,
Retirement purpose:
If you are planning to retire from work in 10 years from now, The question you must asked yourself is what precisely will be source of your revenue? Would you like to live on government welfare or do you want to invest your money in low priced share which in 10 years from now will be a blue chip company or would you like to live on dividend you get from your portfolio etc.
For the sake of a will
A will doesn't imply you're going to die now nevertheless it shows you your asset and what you've been investing your money in. It is good to have a will because you're planning for your family and each member of your folks will know the stocks they are going to inherit from you.
For vacation purpose
Another reason for arranging a portfolio is for having vacation in different vacation spot on the planet. If you're planning to go to Hawaii with your family in December for Yuletide, you have got to start planning for it by January on the kinds of stocks to buy which will give you maximum returns from your investment.
For getting a car
I know a pop who started purchasing a specific low priced share for his 13 years of age son. The father knew the son will need a car at age 18. So he started investing his money in stocks and on the day of his boy 18 years old birthday, he gave him a brand new automobile. This was possible as he had a goal and acted on his plan.
Retirement purpose:
If you are planning to retire from work in 10 years from now, The question you must asked yourself is what precisely will be source of your revenue? Would you like to live on government welfare or do you want to invest your money in low priced share which in 10 years from now will be a blue chip company or would you like to live on dividend you get from your portfolio etc.
For the sake of a will
A will doesn't imply you're going to die now nevertheless it shows you your asset and what you've been investing your money in. It is good to have a will because you're planning for your family and each member of your folks will know the stocks they are going to inherit from you.
For vacation purpose
Another reason for arranging a portfolio is for having vacation in different vacation spot on the planet. If you're planning to go to Hawaii with your family in December for Yuletide, you have got to start planning for it by January on the kinds of stocks to buy which will give you maximum returns from your investment.
For getting a car
I know a pop who started purchasing a specific low priced share for his 13 years of age son. The father knew the son will need a car at age 18. So he started investing his money in stocks and on the day of his boy 18 years old birthday, he gave him a brand new automobile. This was possible as he had a goal and acted on his plan.
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