Question
After consultation with a Financial Planner, Steve believes that he should have enough money for retirement. As a matter of fact, he should have some
After consultation with a Financial Planner, Steve believes that he should have enough money for retirement. As a matter of fact, he should have some excess cash which he can deploy to a nice vacation in 5 years time. Separately, he needs to figure out where to invest for his two goals, a medium term goal for the vacation and a long term goal for retirement. He believes that investing in mutual funds will be a good idea for him given his limited finance knowledge. He approaches you for help to advise one mutual fund for his short term goal and one mutual fund for his long term goal. Please prepare a proposal with maximum of 5 pages discussing the mutual funds (from the website fundsupermart) that you will recommend Steve to invest in with explanations.
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