There are two ways I can use what I learned from this course in my current position or future one:
1. Make informed decisions about your investments using the principles and theories of finance that you learned through this course. It is essential to understand the types of investments available (e.g. bonds, stocks and mutual funds), as well their risk factors, before making any commitments.
2. Take advantage of the market and economics knowledge you gained in this course, to help make better business decisions with clients/customers or when creating strategic plans for your organization.
1. Make informed decisions about your investments using the principles and theories of finance that you learned through this course. It is essential to understand the types of investments available (e.g. bonds, stocks and mutual funds), as well their risk factors, before making any commitments.
2. Take advantage of the market and economics knowledge you gained in this course, to help make better business decisions with clients/customers or when creating strategic plans for your organization.
Three good practices when investing are:
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