Day 10: Learning Basic Investment Principles
Activity: Familiarize yourself with different types of investments, such as stocks, bonds, and mutual funds, and understand the concept of risk vs. reward.
Task: Identify one type of investment you'd like to learn more about. Look up basic information online or watch a beginner-friendly video.
Journal Tracker: Answer the following:
Why does this investment interest you?
How does this type of investment align with your financial goals?
Instructions: Think about how investing fits into your long-term goals and risk tolerance. Write a few sentences about why this investment appeals to you.