Question

(a) Of the stock mutual funds listed in Table 15-3, which two would you recommend to meet the Hernandezes’ goals? Why?
(b) Would you recommend that the Hernandezes remain invested in those two funds during their retirement years? Why or why not?

Victor and Maria Hernandez plan to retire in less than 15 years. Their current investment portfolio is distributed as follows: 40 percent in growth mutual funds, 40 percent in corporate bonds and bond mutual funds, and 20 percent in cash equivalents. They have decided to increase the amount of risk in their portfolio by taking 10 percent from their cash equivalent investments and investing in some mutual funds with strong growth possibilities.



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  • CreatedNovember 26, 2014
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