Investing

An investment policy statement is a statement that defines your investment philosophy, objectives and risk tolerance over the long-term. Of course, the actual process of writing the statement may only take an hour or less, but the thinking that goes into writing a statement may take much longer. Companies, nonprofit institutions, and government pension funds have investment policies. The individual investor can also benefit from such a statement.The major sections of a personal investment statement may include:

Most of us are either experiencing the effects of the current recession or know others who are. It raises the question: Do you need a financial planner?