Question
Alice is a retired 75-year-old who has $500,000 after selling her small business and paying taxes on the sale. She wants to invest this money.
Alice is a retired 75-year-old who has $500,000 after selling her small business and paying taxes on the sale. She wants to invest this money. Alice would like the capital to rise faster than inflation to maintain the purchasing power of her wealth. However, she would also like to make low-risk investments and have easy access to at least $50,000 per year for the next five years.
q.Analyze investment opportunities that align with the financial goals of the scenario.
Evaluate the risks of the recommended investments and the impact that diversification, taxes, inflation, and currency fluctuation could have on the proposed portfolio.
Calculate projected rates of return on each item in the proposed investment portfolio
Recommend strategies for long-term and short-term investment; include justifications for the recommendations you make.
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