Investment Strategies

DEVELOPING A STRATEGY FOR INVESTING FOR RETIREMENT

Principles of Investment

April 10, 2013

Abstract

This paper explores the strategies for saving for retirement. It also looks into the reasons for early savings, the various ways to develop a retirement portfolio, and how to fund and maintain a retirement portfolio. This paper examines the advantages and disadvantages to various investment strategies. A close look is taken at the stock market and how this type of investment can benefit an investor. It also explores the dangers of the stock market and other types of investment strategies. This paper also provides an in-depth view of why it is important to save for retirement.

DEVELOPING A STRATEGY FOR INVESTING FOR RETIREMENT

According to Wikipedia,

An investment strategy is a set of rules, behaviors or procedures,

designed to guide an investor's selection of an investment portfolio.

Usually the strategy will be designed around the investor's

risk-return tradeoff: some investors will prefer to maximize

expected returns by investing in risky assets, others will prefer

to minimize risk, but most will select a strategy

somewhere in between. (Wikipedia)

The first step in my investment tactic is to define my goal. The second step will be to decide on an investment strategy. I will need to select the best way to put money into investments that have a solid track record. The third step will be to see how much I can afford to invest now and in the future. Investing requires putting my money aside for the long-term but it is also important to be sure I have enough money to meet my current expenses/needs

RETIREMENT GOAL

My goal is to provide for my retirement. I began a new job in August 2012, which has required me to move my family to a new town. We sold our home and are now currently in the process of buying a new house. My wife will be looking for a new job. Once all of this is in place, it is time to start saving. It...