Building a Financial Plan

Existing & Potential Investments

During the process of developing your own financial plan, it’s advisable to review your current investments and to consider how suitable they are in terms of meeting your objectives. 

It is common for people to invest in stocks, without really thinking about it in the context of an overall financial plan. However, it’s necessary to ensure that all of your investments are suitable. 

For example, if you decide that your objective is to increase your income but own cryptocurrencies, it may be reasonable to sell them as they are very high risk and don’t suit your financial objectives. 

Once you have considered your existing investments, the next step is to consider what future investments you’ll make to meet your financial objectives – it could be anything from corporate bonds to a REIT. 

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