Question: Discuss, with relevant assumptions, examples and illustrations, on how the investor's life cycle would affect the objectives & constraints and asset allocation in the determination

Discuss, with relevant assumptions, examples and illustrations, on how the investor's life cycle would affect the objectives \& constraints and asset allocation in the determination of a typical investment policy. Choose only ONE of the following investors in your discussion: (i) A fresh graduate; (ii) A young family with both parents working, at their mid 30s; (iii) A manager at her mid 40s, sole breadwinner of a family of four members; (iv) A private sector retiree, aged 58
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