Belinda and Sam are both 45 years old. They have two main financial goals: saving for retirement and saving for their eight-year-old daughter's college education. Sam recently inherited money from his aunt, and after taxes, has $400,000. Belinda and Sam would like to aggressively invest this inheritance and an additional $1,000 each month from their combined incomes in hopes of achieving maximum return. Belinda and Sam want to retire 20 years from now, and their daughter will need to begin drawing money from the college fund in 10 years.

1. Explain in general how stocks, bonds, funds, futures, debts, and other investment instruments are traded in financial markets.

2. Analyze investment opportunities that align with the financial goals of the scenario.

3. Recommend specific investments to create a portfolio from the available capital.

4. Evaluate the risks of the recommended investments and the impact that diversification, taxes, inflation, and currency fluctuation could have on the proposed portfolio.

5. Calculate projected rates of return on each item in the proposed investment portfolio 6. Recommend strategies for long-term and short-term investment; include justifications for the recommendations you make.