You have now completed your review of savings and investment activity, with an emphasis on the UK. Clearly there is evidence of poor personal investment planning.

To avoid these pitfalls when it comes to our finances we now need to start thinking about how we should go about the business of effective investment management. Let’s build the foundations of an investment strategy.

We can summarise this planning process through the four stage financial management model – a model that can be deployed for making all personal financial decisions including those relating to personal investments. You can apply this financial planning model to your own decisions as you work through Maalvotrade to help you build your investment strategies and compile your portfolio.