Why you need an investment plan,

[Knowledge Quest]

An investment plan or goal is one that outline all investment success points you want to achieve. This is essential especially if you're new to investing and want to track down how well you're doing with your Investments.

 

[cherry123]

Investment plan is one thing that helps one to put ones investment on the right path. You know with an investment plan you are able to track what you are doing

 

[nomad]

You need a systematic investment plan. You need to plan for regular investment, that is invest money every week or every month. You also need to compound your profits. Compounding profits means reinvesting your profits.

 

[Springtime]

My investment plan is to put about 25% of my monthly income for investing in stocks, mutual funds or bonds. I keep track of the performance of my investment portfolio from time to time and adjust it when needed.

 

[cherry123]

The need to have investment plan in place can't be overemphasized as it comes with immense benefits which includes seeing the investment you are making and the plans you are making.

 

[uptrendfinancialsignal]

An investment plan is critical and it is needed for each and every businesses to strive which is why it must be gotten.

 

[eldavis]

Having an investment plan is very important, this would definitely keep you from loosing focus. Most people tend to get distracted when they come across various investment opportunities, leaving the ones they should have invested in from the beginning.