Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Investment Policy Statement
When a pro tries to sell you investments, they want to know a bunch of stuff. How much can you invest? What are your goals? How comfortable are you with risk? It's not all small talk.
All the questions are to create an investment strategy or a game plan for your investments. The investment policy statement is just the written road map that shows what you've talked about. It makes sure that you aren't lost in bond land when you really wanted to be investing in growing stocks.