3. List and describe the four components of the portfolio management process in the proper order. Describe how the investmerx objectives outlined in a policy statement of a 30 year old might differ from that of a 70 year old (i.e. what are their likely investment objectives and why?) How might level of wealth impact the decisions of the 70 year old? How would reciving a large inheritance impact the decisions of the 30 year old? There are multiple possible responses to each of the last two questions, but you are only required to provide one each