Which sentences describe points that Miguel should consider in the goal-setting process before he starts to invest?

Miguel plans to start investing in a few months. His friends advise him to set some financial goals. First, Miguel arrives at an estimate of the total returns that he wants from his investments. He is also trying to decide whether to invest only in stocks or only in bonds. He makes up his mind about the type of industries he wants to invest in. Eventually, he wants to use this amount to repay part of a home loan that he plans to take.

There are a few points that are necessary to be considered before beginning one's investment journey, depending upon the amount and time frame of investments.

What is investment?

Investment that are set by a person for achieving at the beginning of their investment journey. It is the desired amount of returns a person expects by investing the amount as such.

In the above example, if Miguel wants to start investing, the points he should consider are as follows,

First, Miguel arrives at an estimate of the total returns that he wants from his investments.
His friends advise him to set some financial goals.
Eventually, he wants to use this amount to repay part of a home loan that he plans to take.

If the above points are taken into consideration, Miguel will have more chances of achieving his investment goals within the period he wishes to achieve them in.

Hence, options B, C and F are the statements that describe the points that must be considered for achieving investment goals before starting to invest.

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