How to save and invest today for a secure financial tomorrow
A sound financial plan is absolutely essential for reaching your long-term goals, whether you want to purchase a new home, pay for a child's college education, or create a retirement nest egg. In this invaluable new guide, investment advisor W. Patrick Naylor provides a 10-step, easy-to-follow savings and investing program that will help you build a secure financial future. A flexible system that can be tailored to your income and risk tolerance levels, this proven strategy shows how to:
* Set short-, intermediate-, and long-term financial goals
* Establish a budget based on fixed and variable expenses
* Organize your banking for maximum benefit
* Create a separate fund for unforeseen emergencies
* Develop a 3-tiered investment strategy that includes mutual funds, dividend reinvestment programs (DRIPs), and individual growth stocks
* Monitor your investments regularly by determining your net asset value (NAV)
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W. PATRICK NAYLOR is the president of Naylor Financial Services, Inc., an Ohio-based, fee-only registered investment advisory and money management firm. He also lectures to investment groups nationwide and teaches a course entitled Investing on Your Own.
How to save and invest today for a secure financial tomorrow
A sound financial plan is absolutely essential for reaching your long-term goals, whether you want to purchase a new home, pay for a child's college education, or create a retirement nest egg. In this invaluable new guide, investment advisor W. Patrick Naylor provides a 10-step, easy-to-follow savings and investing program that will help you build a secure financial future. A flexible system that can be tailored to your income and risk tolerance levels, this proven strategy shows how to:
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