Ventoso, Kim E.

March 31, 2021

BSTM 3A

Entrepreneurial Mind

Activity #1

1. How do you create wealth as a student?

 Earning money is difficult this day caused by the pandemic. As a college student, it is
hard to find a part-time job. I am grateful that every month I received an allowance from
my scholarship and I learned how to handle my savings wisely. Usually, eighty percent of
my money will be allocated to my piggy bank. Since I do not have any expenses because
of the pandemic and I am always at home. I have been thinking and planning to start-up
a small business to grow my money and I believe that it is better to start today because
I'm not only earning money but also knowledge.

2. What do you understand by the word investment?

 From what I understand, investment is an act of putting some asset where you expect to
gain profit over time or may define as stocks, shares, commodities, bonds, funds that
are not consumed today but are be going for future use to create wealth or profit.

3. Why would an investor be willing to take a greater risk?

 An investor will be going to take a greater risk if a business has potential and if it is
worth putting the money on the line and as they always say, “the higher the risk, the
higher the potential return, and the less likely it will achieve the higher return.” In every
business, the risk is always present and, the most important thing to do is to know the
risk profile and learn how to avoid mistakes or problems.
4. What are your financial goals? What are your plans to meet them?
 My financial goals are to have an investment in a large company or real estate, to have a
pastry shop, to have a house and the most important thing is to have retirement saving
for the rest of my life and also for my family and that would be possible to achieve if I
have a well-paid job, have an investment or a business that would give me a large sum
of money.