Consider three individuals: a young, well-educated woman beginning a career with high expected future earnings; a middle-aged man with a young family who has a secure job but modest expected future earnings growth; a widow in her 70s, living comfortably, but not richly, off a pension. Referring to Table 23.1, prescribe and ex-plain an investment strategy for these persons involving investments in the various funds listed. (Feel free to introduce other assumptions regarding such things as the individuals' risk tolerances and consumption preferences.)