Ethics in the Business of Personal Investing Essay

Ethics in the Business of Personal Investing - Essay Example This paper is a critical analysis of business ethics in personal investment. The portfolio of personal investment is a series safe investment that provides returns progressively to the clients. The collection answers several questions on investment capabilities of an individual. What are the aspirations and needs of the customer? What are the financial targets and objectives required to fulfill the expectations? Finally, what is the investment strategies required in the realization of the objectives? After the creation of the portfolio, the subsequent phase rivets to seeking out the financial opportunities that have the latent for higher proceeds (Wang & Steinberg, 2010). The investment opportunities also involve an evaluation of the amount of risk about the profits. Certain options such as bond issues, stocks in companies that have a proven record of accomplished stability are also exceptional for proceeds. The thirst for returns may cause an investor to accept higher risk; the possibility of fleshing out the venture portfolio with volatile investments is thus great. The collection will include options such as buying of shares in unproven businesses, investing in new technologies that have better prospects or the involvement of fast-paced trading commodities commonly in currency trading (Hoffman, 1996). A necessity for the participation in such volatile options the investor has to have the ability to pay in the event the business does no run as projected. The development of a personal investment strategy involves careful articulation of certain niceties. First, an individual ought to acquire financial advice from a proficient financial expert. This is significant in attaining equilibrium between the necessities of today and investment for the future. An investment in a diversity of industries in a portfolio reduces the impact of specific industry risk (Wang & Steinberg, 2010). However, being overly