Crypto Academy| Week 07 | Homework Post for stream4u | Money Management and Portfolio Management.

Hello Everyone!

This is Sami Zuberi , hope you all are well.I am exceptionally hope set aside a few minutes for perusing my homework post for @stream4u and valued it. Here i am going to impart my views on Money Management and Portfolio Management. So how about we begin.

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Discussing Money Management.

Money management refers to the cycles of planning/budgeting, saving, investing, spending or in any case directing the capital use of an individual or group. Money management extensively refer to the process used to record and control an individual's, household's, or association's finance. Poor money management can prompt patterns of debt and financial strain.

Future plan on your money management.

Life is much easier if you plan your money management. There are some steps and suggestion that every individual should try to follow for mange's their money. First is comprehend your present financial circumstance. Before you can begin dealing with your money better, you need to know the amount of it you have. Second one is make and stick to a budget. Notwithstanding, the award for sticking to a financial plan or budget is having money accessible to spend on those things generally essential to you. Furthermore, it will be simpler to follow a budget that is composed in light of your needs and objectives. Third is build up an emergency fund. A piece of how to manage money better is to have money saved for unexpected occasions like a lost employment, sickness etc. Another one is make personal priorities and finance goals. These are some points that i want to share related to future plan on your money management.

Now discussing PORTFOLIO MANAGEMENT.

The craft of choosing the correct investment strategy for the people as far as least risk and most extreme return is called as portfolio management. Portfolio management refers to dealing with a person's investments as securities, shares, money, mutual funds and so forth so he acquires the most extreme benefits inside the specified time span. Portfolio managements empowers the portfolio supervisors to give modified investments solutions for clients according to their necessities and requirements.

Future plan on your portfolio management.

Now I have given a few contemplations for the future plan on portfolio management. You decide your venture (investment) objectives. Make every objective understood and explicit. Outline every objective so you know when you have accomplished it. You need to make a viable move to accomplish an objective. Decide if your objectives identify with your life and are sensible. There is a strategy named as venture, Venture means investment. An investment technique is the thing that manages a financial backer's choices dependent on objectives, hazard resilience, and future requirements for capital. Some speculation procedures look for quick development where a financial backer spotlights on capital appreciation, or they can follow a generally safe methodology where the attention is on abundance assurance.

When was the last investment failed and Why? (those who have experienced this can provide views.

Sorry I didn't encounter any failed investment.

Conclusion.

In the end i give the conclusion on money management and portfolio management. Money management makes it simpler to improve life in the event that you have scant assets. . In corporate finance, money management covers the raising and utilization of capital. Portfolio management is tied in with making a differentiated way to deal with meet one's investments objectives.

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Special thanks to:
@stream4u
@steemitblog
@steemcurator01
@steemcurator02

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#stream4u-week7 #cryptoacademy #pakistan #cryptomanagement

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Hi @samizuberi

Thank you for joining Steemit Crypto Academy and participated in the Homework Task 7.

Review Visit Level
Task Remark
Comment
Guidance, Feedback, Suggestions
Grade
Verification (Done, Hold)
First
Completed
Explain well, but we are in Crypto class and discussing on money management in trading and investment of cryptos. Here you could try to explain and show how we should manage money like what do we need to do and what not to do like this.
Try to explore subject as much as possible with examples but in simple term. No hurry and take own time, try to give own views, suggestions.
6
Done

Your Homework task 7 verification has been done by @Stream4u, hope you have enjoyed and learned something new in the 7th course.

Thank You.
@stream4u
Crypto Professors : Steemit Crypto Academy

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