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ISBN: 0471175331, 9780471175339Издательство: Wiley
How to save and invest today for a secure financial tomorrow A sound financial plan is absolutely essential for reaching your long-term goals, whether you want to purchase a new home, pay for a child's college education, or create a retirement nestegg. In this invaluable new guide, investment advisor W. Patrick Naylor provides a 10-step, easy-to-follow savings and investing program that will help you build a secure financial future. A flexible system that can be tailored to your income and risk tolerance levels, this proven strategy shows how to: Set short-, intermediate-, and long-term financial goals Establish a budget based on fixed and variable expenses Organize your banking for maximum benefit Create a separate fund for unforeseen emergencies Develop a 3-tiered investment strategy that includes mutual funds, dividend reinvestment programs (DRIPs), and individual growth stocks Monitor your investments regularly by determining your net asset value...