Course details
This course is to help students understand the need to grow one's wealth. The first part of the course is to set the backdrop for students know their financial position and how far are they from their expected objective. Once the initial position and the final objectives are clear, students can then decide how they want to move towards their financial goals.
Several investing instruments have been introduced to enable students to decide their investment routes to meet their goals. The instruments are also compared against each other so that students can have an idea of what they are going into before they embark on them. Once students understand the investing possibilities, they are them able to weigh the reward-risk ratio in the backdrop of their risk tolerance.
It is only when students know of investing possibilities that they can better capitalize on them to reap real financial rewards in the form of passive incomes. Remember that all of us cannot work forever. There will come to a day that we are not able to work. This can be because we have become too old. It could be that we are inflicted with an illness or be incapacitated by an illness or an accident. So, it is always important to have passive incomes. They come in very handy during such times. Unfortunately, passive incomes cannot be build in a few days or months. They are like planting trees. They take years to grow and to become sizable enough to support our life-style. And because time is an essential element, it is therefore important to invest as early as possible to let time propel us to new financial heights. Unfortunately, we cannot go back to the zero timeline to start all over again. We can only make do with what we can now and going forward into the future. So, the best time to start to grow your wealth is now! Join me in the course today.
Updated on 14 November, 2018- Management Accounting Level 3 Course LineUSD 24
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