My Short Term Goals

Helping in impoverished communities has been a goal of mine for many years now. I go on mission trips to Jamaica for two weeks at a time, every year, for the past three years. These mission trips have shaped me into the person I am today and they have also carved out the path in which I want to lead my life. For many years now, I have wanted to work in a place like Jamaica and provide medical care. This is obviously a long-term goal, because who would let an 18 year old give them medical advice? Having said that, I have a plan on how I am going to accomplish this goal. Built into this plan is many different short-term goals, but in the end my long-term goal is to become a doctor and work in developing countries like Jamaica.

As I begin my personal financial plan, I will start with my goals for different points in my life. This will outline the overall plan for getting my finances in order. Even though I may not have enough time to complete my goals, completing my goals are important because of financial well-being and being able to retire comfortably.

EEC calculated the amount of time involved the anticipation of its cost ($3 million). The timeline in recovering their cost of investment ($2 million) initially for the foundation of this investment any profit made in the future of this investment will be justified as a profit for the company. If EEC can anticipate a fast return on its investment it is a profitable wise decision in making the investment financial, it is considered to be an easier way of formulating investments financially. On the basis of one year all cash flows is added together equal to the sum of $2 million originally invested, then it is divided by the annual cash flow of $500,000. The calculation of the payback period would equal four years. After this time frame any financial proceeds will be considered profitable for the company. I conclude that the timeframe is adequate in comparison of the investment in this worthwhile investment financial venture for the company.

The decision to establish an investment plan is an important first step to accomplishing your financial goals.

In my Phase 1 investment plan, I draw up a 90:10 plan for my first year investments, which 90% as safe investments and 10% as the back-up funds. I will save the 10% as fixed deposits. Assume that the annual interest is 3.30% and I will not use any penny from my deposits in this year, I will earn a total amount of $3300 of interest. Although it is not a good way for high return, however, this amount of money is essential for me when my investments go wrong. My safe investments will focus on the bank unit trust, because it is less volatile than other types of investments, such as currency trading and high yield bonds. In addition, bank unit trust is relatively safer than others. Furthermore, I will invest into the unit trusts offer by different banks to reduce the risk. If the total return after one year is 5%, the net profit will be $45,000. After a year I

In this worksheet, I determined my financial goals and determined how to reach my goals with various investments. I would say my top financial goals are to buy a house, and have enough money to retire comfortably. To buy a house I would need about two to three years of savings from my income to use as a down payment (roughly $100,000 to $150,000). In order to achieve this goal, I would probably put the money into a low risk investment, for example a mutual fund or a stock market index fund like the S&P 500. Retirement is a goal every individual thinks about throughout their working career, so it comes as no surprise that I would need all my working years to reach this goal. I like to have roughly $1.5 to 2.0 million and depending on my age and situation is what my investment risk will be. When I am young I will be

Appropriate and realistic goals are essential to your self-help plan to achieve financial stability. Without attainable goals, your chances of being financially successful are small.

I intend to save money for a car and college right now and from there keep saving and earning for a house and other life necessities.

As a financial manager three major decisions are to be made which are investment, financing, and dividend decisions (Pujari, S 2015). When decisions are made in investments financial managers carefully select fixed assets also known as capital budgeting decision or current assets in which funds will be invested by the company (Pujari, S 2015). There are factors that affect the investment and capital budgeting decisions such as cash flow of the project, return on investments, risks involved, and investment criteria. For the cash flow of the project the company invests a huge amount of funds in an investment proposal it is expected to sustain a regular amount of cash flow to meet the daily requirements (Pujari, S 2015).  The amount of cash

This summer I went to Boston for a month, I had the opportunity to go on a cruise that stopped in Cozumel, and I was able able to attend many weddings, so needless to say my summer was very eventful. I expect that this school year will also be very eventful because the extracurricular activities I’m involved in which are Softball, Student Council, HOSA, SNHS, and Beta Club. In my free time I mostly sleep, eat, or hang out with my friends. Currently, my short-term goals are to get through my junior year with above-average grades, and to work the hardest I have ever worked. My long-term goals are to go to college with a major, and career that I would enjoy in the future.

Comparing the 80/20 ratio with the 65/35 ratio, the initial investment with the 65/35 ratio will be higher with 3.2 million dollars. Under the same interest rate and amortization terms of 6.95% over 25 years, the investment with the 65/35 ratio will yield a positive income on the fourth year. The financial analysis shows that with the 65/35 ratio it will yield positive income a year before the 80/20 ratio. The cash flow and present value under the 65/35 ratio are generally better than the 80/20 ratio. However, the net present value of 80/20 has $2 million dollars more than the 65/35 ratio after 5 years of operation. The 65/35 ratio is recommended based on the five year financial analysis, because it will have a better net present value and also have positive income in year four of operation.

My long term are to be successful ,and give back to charity ,and make it to the nfl. Short term goal are a little harder because these are day to day things. Although I believe my short term goals are to make good grades and try to stay out of trouble

My short term goal is to be able to work independently and receive an outstanding feedback from my team after a review of my work. I want to be in a position where I can increase my contribution and productivity of the team, so we would always be able to meet its goals-deliver a quality solution in a timely manner.

The development of a Personal Financial Plan will allow for an evaluation of an individual’s specific financial circumstances and status which will then allow for well-defined goals to be created and worked towards. While this would be a common strategic practice within most organizations it can make a significant difference when applied at a personal level.

For example, if you put in $100 per month, you may like to invest it into different loans every month so you have a very diverse portfolio. You may also like to invest for different term periods from a month to five years. Or, you may choose to save your $100 per month in a savings account for a year and then put your accumulated $1200 into a single long-term loan with a good interest rate.