Emily Richards recently graduated from college and will start her new career in two months. She recently

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Emily Richards recently graduated from college and will start her new career in two months. She recently learned that her grandfather left her an inheritance of $300,000 worth of stocks and bonds. Rather than spending her newfound wealth, Emily decided to leave the money invested, hoping that it would grow over time and enable her to retire early one day. Emily felt that in view of this plan, she needed to acquaint herself with the securities currently in the portfolio. She knew that to manage the portfolio herself, she would have to stay abreast of the securities markets as well as the economy in general. She also realized that she would need to follow each security in the portfolio and continuously evaluate possible alternative securities that could be substituted as conditions warranted. Fortunately, she had some extra time on her hands before starting her new job.


Questions
a. Recommend one online information source and one print or television source that Emily could use to learn about individual companies and securities as well as broader economic trends.
b. Emily thinks she may need some kind of advisor to help her manage her money and to help her buy and sell securities if she wants to make adjustments to her portfolio. List several types of investment professionals that Emily might want to contact, and describe some of the pros and cons of each.

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Related Book For  answer-question

Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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