Maraba, aged 70, has decided to seek to consult you for advice. His portfolio is composed of
Question:
Maraba, aged 70, has decided to seek to consult you for advice. His portfolio is composed of 90% stocks and 10% bonds, with a total value of Sh. 2.7 million. Classifying himself as conservative, he blamed the aggressive allocation on a previous fund manager, and says he wants to substantially increase the fixed-income weighting of his portfolio.
From his portfolio, he hopes to fund his retirement at a rate of Sh. 10,000 per month, adjusted for inflation. He has also promised his Church at least Sh. 2 million upon his death. He is in good health, and most of the men in his family have lived into their late 80s.
Return requirements and asset allocation as well as his willingness to take risk and ability to take risk
Fundamentals of Thermodynamics
ISBN: 978-0471152323
6th edition
Authors: Richard E. Sonntag, Claus Borgnakke, Gordon J. Van Wylen