Question
Choose one US-based client to take on from the four profiles provided below, and answer the following two questions: a. Summarize the investors situation and
Choose one US-based client to take on from the four profiles provided below, and answer the following two questions: a. Summarize the investors situation and desired return. Interpret their risk tolerance, liquidity requirements, investment horizon, and target portfolio value (real or nominal) 400 words max b. Calculate the portfolios target nominal return including investment returns as well as withdraws. (i.e. The target return is derived from using the profile description only and does take your allocations into account.)
Investment Profile II Personal investor High-Net-Worth individual Unmarried with no children. Stanford programmer that sold the app Chatsnap for $1million to Google. Pursues a career as a software developer earning about $180,000 per year but wishes to open his own software development company within the next 5 years. This will allow him to work on a contract basis and potentially develop more apps in the future. Hopes to use money from the sale of his app to live a comfortable lifestyle regardless of his employment income. He expects to spend his current salary on housing and living expenses which will consume all of his salary income. He is willing to roll the dice and wants an aggressive investment plan that will maximize his returns over next 5 years. If he wins, it takes pressure off his launch of his own business; if he loses, he has his salary earnings potential regardless.
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