ADMS 4501 Lecture Notes - Lecture 9: Alternative Investment, Mutual Fund, Disability Insurance

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To obtain full marks your answer should discuss briefly most of the following points: Short-term goals: long-term goals, investment objectives a. Time horizon c. tax concerns d. legal & regulatory: unique needs. Life insurance definitely needed as jessica has 2 young children and a dead-beat ex-husband. Perhaps house insurance as she has no mortgage. Short term investments should = at least 6 months expenses. Perhaps more if her new business takes a while to generate enough income. She will need to generate income or dividend income on her portfolio as her expenses next year are greater than her estimated income. Moderate (to high) jessica has a very good nest egg, potentially high earnings and a long time until retirement. Total return capital appreciation (to offset inflation) and generate income next year. Will need to generate ,000 on ,000 portfolio (3. 75%), if she does not want to sell her house or draw down her rrsp.

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