投资学全英文ppt1.pptVIP

Advantages and Disadvantages of Short-Term Investments Advantages High liquidity Low risks of default Disadvantages Low levels of return Loss of potential purchasing power from inflation Careers in Finance Commercial banking – employs more people than any other part of financial services industry Corporate finance – requires broad understanding of functional areas of a business Financial planning – professionals in this area often acquire the Certified Financial Planner? certification Insurance – usually involves risk management or asset management Careers in Finance (contd) Investment banking – assists organizations in raising capital Investment management – involves managing money for clients practitioners often have the Certified Financial Analyst (CFA) certification example CFA questions appear at the end of each part of this text Chapter 1 Additional Chapter Art Table 1.3 Popular Short-Term Investments (Part A) Table 1.3 Popular Short-Term Investments (Part B) Table 1.3 Popular Short-Term Investments (Part C) Investment Suitability Short-Term investments are used for: Savings Emphasis on safety and security instead of high yield Investment Yield is often as important as safety Used as component of diversified portfolio Used as temporary outlet waiting for attractive permanent investments Table 1.4 A Scorecard for Short-Term Investments Chapter 1 Review Learning Goals Understand the term investment and list the attributes that distinguish one investment from another. Describe the investment process and types of investors. Discuss the principal types of investments. Describe the steps in investing, review fundamental tax considerations, and discuss investing over the life cycle. Describe the most common types of short-term investments. Describe the role of investments in some of the main finance related careers. Copyright ?2014 Pearson Education, Inc. All rights reserved. 1-* Copyright ?2014 Pearson Education, Inc. All rights reserved. 1-* Chapter 1