Lesson 1: Why invest?

Review

In this first session, you were introduced to some basic investing concepts.

These included:
With your hard-earned money, be careful of whom you trust. Every time someone approaches you with a sure-fire scheme, remember the crude palm oil story.
Consider the power of compounding and how it can help you achieve your financial goals.
Determine your risk level. Are you a risk-taker?
Consider the importance of a financial plan and find a trusted adviser who can work with you to achieve it. Remember the story of the house and how it was constructed. This is the way to build your financial plan.
 
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