Need an argumentative essay on Investment Plan. Needs to be 3
pages. Please no plagiarism.
From this discussion it is clear that .as a young
person and as a risk taker by nature, the reporter plan on pursuing
an aggressive investment plan. He does not come from a rich
background but he believes that the only way to get rich is to risk
everything that one has and they are bound to get high rewards as a
result. The author believes that he is a fairly patient person with
the right mind set to wait for as long as it takes before he
receives the rewards. In addition, since the reporter is soon going
to be newly employed, he wants to start living on a budget that is
entirely dependent on his gross pay rather than dipping into his
savings. This means that he will not be relying on the investment
money for his survival. The reporter will also supplement his
retirement fund with monthly contributions from his salary.As the
paper stresses as indicated before, as a young investor, his
strategy is based on being aggressive, high risk and high rewards.
Furthermore, due to his young age, negative market fluctuations in
the next 40 years or so are bound to be cancelled out by the
positive market fluctuations, leading to high rewards. The
reporter’s first investment strategy will be based on the
conventional formula for finding the optimum target asset
allocation meant for investing the $ 2,500 savings for his
retirement fund. He might invest part (75%) of the money to
purchase stock in Amazon Inc while the rest of the money will be
invested in HICOX.
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