Question: Please help and provide a detailed visual example for a better understanding. I am having trouble with this assignment. Thank you so much for your

Please help and provide a detailed visual example for a better understanding. I am having trouble with this assignment. Thank you so much for your help!!

Explain the basics of investments and the market and how to utilize them to improve their financial goals

You just inherited $40,000, and you are faced with the problem of deciding how to spend it. You could make a down payment on a condoor better yet, on that BMW that you've always wanted- or spend your windfall more profitably by building a mutual fund portfolio. After a lot of soul-searching, let's say that you decide to build a mutual fund portfolio.

1. Please develop a $40,000 mutual fund portfolio.

2. Please use actual funds and actual quoted prices, invest as much of the $40,000 as possible, and please provide detailed information for a better understanding.

3. Please briefly describe the portfolio you end up with and the investment objectives you are trying to achieve.

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