Chapter 17 Building Your Own Financial Plan Your Goals for Chapter 17 1. Determine if and how you could benefit from investing in mutual funds. 2. If you decide to invest in mutual funds, choose the best types of funds for your needs. Analysis 1. Assume that you have $10,000 to invest in stock mutual funds today. Given your financial situation, select one of the following types of mutual funds that would be the most suitable to satisfy your financial goals. Enter your findings in the following table. Suitable Investment Option? Reasoning Type of Stock Mutual Fund Growth Capital Appreciation Equity Income Balance Growth and Income Sector Technology Index International 2. Assume that you also have $10,000 to invest in bond mutual funds today. Given your financial situation, select one of the following types of bond mutual funds that would be the most suitable to satisfy your financial goals. Enter your findings in the following table. Suitable Investment Option? Reasoning Type of Bond Mutual Fund Treasury Ginnie Mae Corporate Bond High-Yield Bond Municipal Bond Index Bond International Bond Decisions 1. What is your decision regarding the ideal type of stock mutual fund to invest in? Explain why you selected that type of stock mutual fund. 2. What is your decision regarding the ideal type of bond mutual fund to invest in? Explain why you selected that type of bond mutual fund