Chapter 1: Investment Fundamentals. Summarize reasons why people invest, what is required before beginning, how returns are earned, and some ways to obtain funds to invest. Determine your own investment philosophy. Recognize the variety of investments available.
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Determine your own investment philosophy.
Recognize the variety of investments available.
Identify the major factors that affect the return on investment.
Specify some strategies of portfolio management for long-term investors.
List three guidelines to use when deciding the best time to sell investments.Objectives
Successful investors begin to live off earnings, without spending wealth itself.Investment Fundamentals