Developing an Investment Plan:
In
 order to invest wisely, you need to have a suitable investment plan 
that will ensure the appropriate amount of growth for you.  Your 
investments will also need to be safe and easy to manage.  
The first step in developing an investment plan is to identify what type of an investor you are. Investor types are often determined by their stages in life. Here is a guide:
The first step in developing an investment plan is to identify what type of an investor you are. Investor types are often determined by their stages in life. Here is a guide:
- Single person under 40 
years old.  Focus:  Long-term investments, medium to high risk.  
Emphasis: capital gain, compound growth.
- Two-income married 
couple, no children, aged 20 to 40 years.  Focus:  Long-term 
investments, medium to high risk.  Emphasis: capital gain, compound 
growth.
- One-income family, young children, aged 20 to 40 years. 
 Focus:  Long-term investments, low to medium risk.  Emphasis:  compound
 growth.
- Single person, aged 40 to 60 years.  Focus:  Medium-term investments, medium risk.  Emphasis:  capital gain, compound growth.
-
 Married couple with adolescent or independent children, aged 40 to 60 
years.  Focus: Medium-term investments, medium risk.  Emphasis: capital 
gain, compound growth.
- All investors, aged 60 and over.  Focus:  Short to medium-term investments, low risk.  Emphasis:  Income.

