Fin320- sum it up and transfer it “sum it up” assess how your own
Two ways to apply what I have learned in this course to my current or future positions are:
1. Utilize the knowledge of financial principles and theories acquired through this course to inform sound investment decisions. This includes understanding the different types of investments (e.g., stocks, bonds, mutual funds) and evaluating their respective risk levels before committing funds.
2. Leverage the understanding of markets and economics developed during this course to make more informed business decisions when dealing with customers/clients or making strategic plans for organizations .
1. Utilize the knowledge of financial principles and theories acquired through this course to inform sound investment decisions. This includes understanding the different types of investments (e.g., stocks, bonds, mutual funds) and evaluating their respective risk levels before committing funds.
2. Leverage the understanding of markets and economics developed during this course to make more informed business decisions when dealing with customers/clients or making strategic plans for organizations .
Three best practices to follow when investing include:
1. Develop a diversified portfolio that takes into account an individual’s particular needs and goals rather than relying on a “one size fits all” approach.
2. Research potential investments thoroughly so as not invest in assets which could be unsustainable over time due to market volatility or other factors outside one’s control.
3. Invest regularly as opposed to trying timing one’s entries into the market—this helps spread out risk while allowing for greater returns in the long run due compounding interest earned on previous earnings over time