Frans is a bachelor's degree student who is also currently working in Jakarta. After working for...
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Frans is a bachelor's degree student who is also currently working in Jakarta. After working for 1 year, Frans has IDR 100,000,000 which he is currently saving in Smart Bank deposit with an interest rate of 3.5% per year. Frans plans that the money he currently has will be used for the next 3 years to marry his future lover. He estimates that the total cost of the wedding for the dowry, ceremony and reception will increase to IDR 130,000,000 in the next 3 years. Currently Frans also has other plans such as traveling abroad, further studies in the master's program, and having a dream vehicle so that his salary for the next 3 years will not be allocated for marriage and very conservative will lose money on investment activities. Frans is a student who does not have a financial education background, Jerry was asked to provide an Investment plan (Investment Plan) for France. Currently, Jerry is a good friend of Frans, who is asked by Frans to give him the best advice to realize his wedding plans. After Jerry did, the following data he got from various sources: No Asset Expected Return Initial Investment Standard Deviation 1 Land in Greater Jakarta 15% IDR 200,000,000 12% 2 Land and Buildings in Palu 18% IDR 90,000,000 25% 3 SBR Indonesian Government 5% IDR 5,000,000/sheet 4 FMCG Industry Shares 8% IDR 20,000/sheet 6% 5 Automotive Industry Stocks 15% IDR 40,000/sheet 13% *FMCG = fast-moving consumer goods (everyday consumer goods) After further investigation, the return from real assets has no relationship between financial assets. However, shares of the FMCG industry and shares of the Automotive industry have a correlation coefficient of 0.2. What should Jerry do to give advice to Frans? Can Jerry manage Fran's money? What is the best advice Jerry can give Frans? Frans is a bachelor's degree student who is also currently working in Jakarta. After working for 1 year, Frans has IDR 100,000,000 which he is currently saving in Smart Bank deposit with an interest rate of 3.5% per year. Frans plans that the money he currently has will be used for the next 3 years to marry his future lover. He estimates that the total cost of the wedding for the dowry, ceremony and reception will increase to IDR 130,000,000 in the next 3 years. Currently Frans also has other plans such as traveling abroad, further studies in the master's program, and having a dream vehicle so that his salary for the next 3 years will not be allocated for marriage and very conservative will lose money on investment activities. Frans is a student who does not have a financial education background, Jerry was asked to provide an Investment plan (Investment Plan) for France. Currently, Jerry is a good friend of Frans, who is asked by Frans to give him the best advice to realize his wedding plans. After Jerry did, the following data he got from various sources: No Asset Expected Return Initial Investment Standard Deviation 1 Land in Greater Jakarta 15% IDR 200,000,000 12% 2 Land and Buildings in Palu 18% IDR 90,000,000 25% 3 SBR Indonesian Government 5% IDR 5,000,000/sheet 4 FMCG Industry Shares 8% IDR 20,000/sheet 6% 5 Automotive Industry Stocks 15% IDR 40,000/sheet 13% *FMCG = fast-moving consumer goods (everyday consumer goods) After further investigation, the return from real assets has no relationship between financial assets. However, shares of the FMCG industry and shares of the Automotive industry have a correlation coefficient of 0.2. What should Jerry do to give advice to Frans? Can Jerry manage Fran's money? What is the best advice Jerry can give Frans?
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