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A master plan can be devised for all of these things. Typically, however, plans of this type are made to achieve long term goals.

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11y ago

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What master plan is devised for?

Its Long-Range goals.


What is a master plan devised for?

A master plan is devised for providing a long-term vision and direction for the development of a specific area, project, or organization. It outlines goals, strategies, and guidelines for achieving desired outcomes and objectives in a coordinated and sustainable manner.


How do you go about setting investment goals?

Before setting investment goals, it is best to ensure you understand how investing works. A valuable resource for this is www.beforeyouinvest.com, which has a section titled, "How to Set Investment Goals," which will explain the basics of investment and help guide the investment goal process.


What Describes a fund's investment goals and policies?

ptospectus


Investment Funds?

form_title=Investment Funds form_header=Start expanding your wealth. Find an investment expert with the experience to help you achieve your financial goals. Where do you currently invest your money?*= _[50] What is the total amount of assets you currently have in investment funds?*= _Enter Amount[50] What are you investment goals?*= _Please Describe[100]


What is the first step in the investment planning process?

Identify your goals


Why do we save money?

We save money to have financial security, achieve our goals, and be prepared for unexpected expenses or emergencies.


How are savings and investment related in terms of financial planning and long-term wealth accumulation?

Savings and investment are closely related in financial planning and long-term wealth accumulation. Savings involve setting aside money for future needs or emergencies, while investment involves putting money into assets that have the potential to grow in value over time. By saving and investing wisely, individuals can build wealth and achieve their long-term financial goals.


How do I set investment goals?

That really depends on how much money you are wanting to invest. Here is a good website that can help you set your investment goals. http://money.howstuffworks.com/personal-finance/financial-planning/how-to-start-investing1.htm


If you have a total consumption budget what should you do to ensure you have enough money saved for emergencies and meeting long-term goals?

Review your budget and make adjustments so that you can add savings and miscellaneous categories to the budget.


Where does the phrase master plan originate?

D: long-range goals


What is the difference between a master plan and a strategic development plan?

A master plan is a set of goals that need to be accomplished. A strategic development plan is a list of things that need to be done to accomplish set goals.