__________ is a statement, preferably written, that specifies how investment capital will be invested to achieve a specific goal.

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An investment plan is a statement that outlines how investment capital will be utilized to achieve a specific goal. It typically includes details on the asset allocation strategy, risk tolerance, time horizon, and other investment guidelines. The investment plan serves as a roadmap or guide for the investment decisions and helps to ensure that the investment portfolio is aligned with the investor's objectives.

__________ Is a Statement, Preferably Written, That Specifies How Investment