Assume you are 59 years old, want to retire in 6 years, and currently have an investment
Question:
Investment Alternative Percentage You Would Like in this Category
Large-Cap Stocks
Mid-Cap Stocks
Small-Cap Stocks
Foreign Stocks
Government Bonds
Corporate Bonds
Cash
Other Investment
.......................................................................................100%
Actual percentages will vary because of several factors. For example, the student's tolerance for risk and the state of the economy may affect the percentages that each student chooses.
a. What are the advantages of asset allocation?
b. How could the time your investments have to work for you and your age impact your asset allocation?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Asset allocation is the process of spreading your assets among several different types of inve...View the full answer
Answered By
Shadrack Mulunga
I am a Biochemistry by profession. However, I have explored different fields of study. My quest to explore new fields has helped me gain new knowledge and skills in Business, clinical psychology, sociology, organizational behavior and general management, and Project Management. I count my expertise in Project management, in particular, creation of Work Break Down Structure (WBS) and use of Microsoft Project software as one of my greatest achievement in Freelancing industry. I have helped thousands of BSC and MSC students to complete their projects on time and cost-effectively using the MS Project tool. Generally, I find happiness in translating my knowledge and expertise to success of my clients. So far, i have helped thousands of students to not only complete their projects in time but also receive high grades in their respective courses. Quality and timely delivery are the two key aspects that define my work. All those who hired my services always come back for my service. If you hire my services today, you will surely return for more. Try me today!
154+ Reviews
289+ Question Solved
Related Book For 
Personal Finance
ISBN: 978-0077861643
11th edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
Question Posted:
