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In this tutorial, Ben Watson introduces the topic of building an investment plan in part one of a two-part series. He emphasizes the importance of understanding investment objectives, risks, charges, and expenses before investing. Watson advises viewers to read the prospectus for any investment instrument to grasp its characteristics fully. He highlights that options contracts carry unique risks, including the potential for significant losses, and notes that multiple leg options strategies can incur substantial transaction costs. Overall, the focus is on careful consideration and due diligence when engaging with various financial instruments.