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Assume that you ve just inherited $500,000 and have decided to invest a big chunk of it ($350,000, to be exact) in common stocks. Your
Assume that you ve just inherited $500,000 and have decided to invest a big chunk of it ($350,000, to be exact) in common stocks. Your objective is to build up as much capital as you can over the next 15 to 20 years, and you re willing to tolerate a good deal of risk. a. What types of stocks (blue chips, income stocks, and so on) do you think you d be most interested in, and why? Select at least three types of stocks and briefly explain the rationale for selecting each. b. Would your selections change if you were dealing with a smaller amount of money say, only $50,000? What if you were a more risk-averse investor
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