6. You like to keep your investment risks at a 702010 proportion (stocks-bonds-cash). After the first year,
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6. You like to keep your investment risks at a 70–20–10 proportion (stocks-bonds-cash). After the first year, your
$10,000 investment doubled in value to $20,000, with
$16,000 in stock, $2,750 in bonds, and $1,250 in cash.
How should you allocate your assets to maintain your original goals and rebalance your portfolio to retain the 70–20–10 proportion in investments? (LO 11-5)
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Related Book For
Personal Finance Building Your Future
ISBN: 9780077861728
2nd Edition
Authors: Robert Walker, Kristy Walker
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