Some people always work with a plan, football trainers, entrepreneurs, etc. Simply because they like to work that way or because it is required, for example, to get a loan if you are starting your own company.
Being an investor on the stock market, you can consider yourself an entrepreneur. And like all entrepreneurs, you should have a plan before you start investing your money.
In this chapter, you learned the basics to create your investment plan. Amongst others, you have defined the amount of time you want to spend on your investments, your goals, and the amount of risk you are willing to take.