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Assignment
Gary and Beth have accepted the asset allocation that you have given them, but are now looking to you to give them some advice on what stocks they should purchase. Remember, Gary and Beth have the goal of saving $100,000 for a house deposit within 5 years, and require a higher rate of return than they can get in the banks. As they are only investing a small amount initially, and the position will be combined with other asset classes, it has been decided that five equities will be sufficient to begin. Based on their goals and the risk tolerance you determined they had several weeks ago, select the five most appropriate equities from the attached list. Be aware, while they are not sophisticated investors, they will need to be convinced that your equities are right for them. You will also need to explain the criteria you are using to select these equities.
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what is cash budgeting and what is it used for
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