Reference no: EM131133120
Cliff is an attorney and doing well financially. His income last year exceeded $90,000, and he has sufficient liquid assets to supplement his condominium and other tangible assets.
Several years ago, Cliff began investing in stocks and bonds. He made his selections on the basis of articles he read describing good investment opportunities. Some have worked well for Cliff, but others have not.
Cliff has never taken the time to evaluate his portfolio performance, but he feels it isn't very good. Cliff currently has about $90,000 invested. He has been dating a woman lately and hopes to marry her in three years, at which time he will need $20,000 for marriage expenses and a honeymoon. Cliff's only other objective is to accumulate funds for retirement, but he does not have a specific dollar target for this goal. Cliff feels that he has a moderate risk-tolerance level.
Explain some disadvantages of Cliff's current investment approach.
Construct a portfolio for Cliff, limiting your selections to mutual funds (assume that he sells his current stock and bond holdings).
Make sure your plan indicates specific dollar amounts for each portfolio component.
Make sure your plan also explains your selections for each portfolio component.
Explain how Cliff should periodically rebalance his portfolio, indicating how frequently rebalancing should be done.
Development prior to the reign of constantine
: What were the key policies that Augustus pursued in the areas of politics, the army, religion, and the arts that enabled him to create the appearance of stability in the Roman Empire?
|
Which are three roles that pichot suggested
: in His study Pichot suggested three roles played by the intrapreneur in promoting innovation. - Which are these roles?
|
What were some developments in contemporary french
: How effective or ineffective is his argument in your judgment? Be specific about the strengths and weaknesses of his assessments by using specific examples from the text and your own critical judgment.
|
Prepare a budgeted income statement for quarter ended march
: Prepare a budgeted income statement for the quarter ended March 31, 2017. Complete the three sections of the budgeted statement of cash flows, then compute the net increase in cash and the balance at March 31, 2017.
|
Explain disadvantages of cliffs current investment approach
: Explain some disadvantages of Cliff's current investment approach. - Construct a portfolio for Cliff, limiting your selections to mutual funds.
|
What were some of the motivations behind napoleon
: What does Metternich believe to be the true basis of government and human affairs - how and in what way does he claim that these true basis are being corroded in his own time?
|
Ancient civilizations of mesopotamia and egypt
: Compare and contrast the ancient civilizations of Mesopotamia and Egypt for their (a) agricultural systems; (b) governmental systems; and (c) religions.
|
Rate of inflation and the rate of growth of money
: What is the change in the real money supply between years 1 and 2, 2 and 3, and 3 and 4?
|
Termination through starvation
: Unit VIII Essay Compose an essay explaining "termination through starvation." Discuss the role that ego, power, and politics play in this form of termination. Your essay should consist of no less than three pages, and all references and in-text c..
|