Snappy Plans for the Future
Inside his cozy new nest, Snappy leaned back and thought about his plans for the future. His finances were well-managed now.
Snappy Plans for the Future
He had some of his property safe in Owl’s Bank, earning steady interest.
Snappy Plans for the Future
He had a little of his property invested in individual companies, including Skunk’s Perfumes and the Deer Brothers’ Lawn Service. The stock he had bought in these companies returned dividends regularly.
Snappy Plans for the Future
More of his income was invested in the mutual funds created by Owl: a general index fund that included many of the forest businesses and a fund from the Engineering Sector that included Beaver’s and Mole’s businesses.
Snappy Plans for the Future
To balance these riskier investments, Snappy also had bought bonds from Bear which were very safe and guaranteed to return some dividends.
Snappy Plans for the Future
Now a homeowner and entrepreneur with a solid investment portfolio, Snappy started to think about his future expenses and how to budget for them.
Snappy Plans for the Future
Maybe he might meet a nice squirrel lady, get married, and have a family. Educating young squirrels was expensive. While a family is young, he should invest in more aggressive mutual funds and stocks to build his savings quickly.
Snappy Plans for the Future
Then, later on, he might want to buy a small nest in the warmer South, sell his business, and retire. Once he no longer earned an income, he could reorganize his portfolio to include less risky investments.
Snappy Plans for the Future
For the time being, Snappy will keep investing aggressively while he is young. He will mostly invest in mutual funds and a few individual stocks and buy more bonds as he got older.
Snappy Plans for the Future
But for now, Snappy was thrilled to be a business owner and homeowner with a solid financial outlook for the future!