MONEY MANAGEMENT

Money Management

Table of Contents

Introduction2

Money Management3

1. Asset Management5

2. Investment Timeframe6

My Money Management Through ETF8

10% in Comstage- Commerzbank in ETF8

35% in IShares 10+ Year Government/Credit Bond9

35% in Vanguard S$P 500 ETF (VOO)10

5% in Global X Copper Miners ETF12

Recommendations12

References14

Money Management

Introduction

In today's rapidly changing business environment manageing money has become a vital tool to have a sustained life and safe future. No doubt, ther are many ways that allow peple to manage money using different strategies, techniques and tools. However, the role of ETF has been recognized as a low chost investment as well as productive trade-off for a safe and better future. EFT (Exchange Traded Fund) investment vehicle is an effective tool of money management and is used to reflect my portfolio (Piper, 2009). The ETF is an investment fund that is seen as commodity for trade in stock markets. In fact, ETF works as security for the indexes in stock exchange in a general trade system. It would not be wrong to say that ETF serves as an asset cart where index fund can be seen as a powerful element. It is also essential to know that the process of selling and buying in stock exchange allows market players to bring changes in prices of ETF where fluctuation in prices is common throughout the day (Piper, 2009). In this paper, I will develop a strategy that will enable me to build a versatile ETF portfolio. This portfolio will not only facilitate the development and management of my education fund but also ensure that children will have a safe future with quality education. However, it is also noticeable that my salary is my only income.

Further, long as well as short term investments will be focused having the budget of $500.00, while my investment basket will consist of cash, commodities, stocks and bonds. It would be fair to say that this will allow me to know about the ways of focusing on the long term and short term benefits. In fact, the liquidity problems will be handled by short term investments by paying off for the short term liabilities and necessities. However, future of my children will be secured by long term investments with the help of my personal education fund. The most important thing to know is that I have prepared a well-balanced profile through different investments. The main reason to choose ETF is its accessibility and flexible working that is not only transparent but also low cost. No doubt, it will be easy for me to start investing without a mediator, which will help me to save the money which is most of the times given to the mediator for helping in the investment. The most important aspect behind ETF is that this will give me an eventual saving through an effective money management.

Money Management

You can invest in the market through mutual funds, ETFs via brokers on the basis of trust agreement in securities and currency on the basis of accounts that simplify the transfer of ...