Question: It has been over 25 years since Julia graduated with a major in aeronautical engineering, and she has been quite successful in her career as

It has been over 25 years since Julia graduated with a major in aeronautical engineering, and she has been quite successful in her career as well as in managing her personal finances. She has moved up the career ladder, earns a high salary, has $50,000 in equity in her condo, and has an investment portfolio valued at $300,000 that includes $200,000 in retirement assets through her employer’s 401(k) plan. She wants to liquidate her $300,000 investment portfolio now invested in stocks, bonds, and gold and put everything into mutual funds. Julia is optimistic about the future of investing. After serious research, Julia has decided to invest $300,000 into ETFs and index mutual funds rather than actively managed funds. Offer your opinions about her thinking.

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