William has one million dollar available for savings and investments. He aware that he needs to...
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William has one million dollar available for savings and investments. He aware that he needs to make some investments in order to achieve his long-term financial goals. He is now wondering how he should allocate this lump sum of money between savings and investments. a. (5 points) What advice you can give him on this matter? After reading some investment reports, he convinces that technology sector in Mainland will continue to perform very well in the next decade. But he does not know which technology company will prevail. Therefore, he plans to diversify his investment by putting all his money in a technology mutual fund in China. b. (5 points) Should he invest all his money in a technology mutual fund in China? Please advise him. (Noted that the advices you make in Part a and Part b should be based on the teaching material in "Investment Basics" chapter). William has one million dollar available for savings and investments. He aware that he needs to make some investments in order to achieve his long-term financial goals. He is now wondering how he should allocate this lump sum of money between savings and investments. a. (5 points) What advice you can give him on this matter? After reading some investment reports, he convinces that technology sector in Mainland will continue to perform very well in the next decade. But he does not know which technology company will prevail. Therefore, he plans to diversify his investment by putting all his money in a technology mutual fund in China. b. (5 points) Should he invest all his money in a technology mutual fund in China? Please advise him. (Noted that the advices you make in Part a and Part b should be based on the teaching material in "Investment Basics" chapter).
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Answer Part A It is important for William to consider his risk tolerance and financial goals before ... View the full answer
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