chapter 16 personal finance 1, 3 a-c

FINANCIAL PLANNING ACTIVITIES 1. Deciding Whether Mutual Funds Are Right for you. Assume you are 35. married, and have just received a $160,000 legal settlement. Prepare a one-page report on the major reasons you want to invest in mutual funds. 2. Applying Terms to Murual Fund Investments. Using the internet, personal finance magazines, or mutual fund reports, find 3. Matching Mutual Funds with Investor Needs. This chapter classified mutual funds into different categories based on the nature 1016-2 of the fund's investments. Using the following information, pick a mutual fund category that you consider suitable for each investor described and justify your choice. a. A 23-year-old single investor with a new job that pays $48.000 a year. Mutual fund category: Why? b. 45-year-old single parent with three children who has just received a $450.000 divorce settlement, has no job, and has not worked outside the home for the past five years. Mutual fund category Why? S: A husband and wife who are both in their late 60s and retired, Mutual fund category: Why? FINANCIAL PLANNING ACTIVITIES 1. Deciding Whether Mutual Funds Are Right for you. Assume you are 35. married, and have just received a $160,000 legal settlement. Prepare a one-page report on the major reasons you want to invest in mutual funds. 2. Applying Terms to Murual Fund Investments. Using the internet, personal finance magazines, or mutual fund reports, find 3. Matching Mutual Funds with Investor Needs. This chapter classified mutual funds into different categories based on the nature 1016-2 of the fund's investments. Using the following information, pick a mutual fund category that you consider suitable for each investor described and justify your choice. a. A 23-year-old single investor with a new job that pays $48.000 a year. Mutual fund category: Why? b. 45-year-old single parent with three children who has just received a $450.000 divorce settlement, has no job, and has not worked outside the home for the past five years. Mutual fund category Why? S: A husband and wife who are both in their late 60s and retired, Mutual fund category: Why