develop a preliminary summary investment portfolio (IP):

- estimate your RT (risk tolerance) and make your IP consistent with your RT

- provide your overall investment philosophy in three sentences or less

- use the six "major steps" developed in class to form your IP

-develop your personal risk tolerance (rest tolerance test; introspection)

-determine your overall portfolio risk (e.g. 60%/40% for stocks/bonds)(macro allocation)

-develop overall diversified portfolio (holistic portfolio) : asset allocation (micro allocation)

-specify active/passive components : core/satellite portfolio (market efficiency)

-specify investment/retirement portfolios: asset location (tax efficiency)

-rebalance portfolio when markets change: asset reallocation (market changes)

- as a data reference, use the morningstar fundinvestor and the ETFinvestor documents and any other additional data sources

- develop a portfolio ( or two that is investment or retirement portfolios) with 10-12 individual MFs and/or ETFs

- relate these MF/ETF to the six guidelines mentioned above. What is the purpose of each of these investments in the IP

This submission should be a maximum of three pages including data tables