course code ( personal financial managment)

Assignment task :The basic requirement is the preparation of a financlal plan /report that provide specific advice for your clients whose details are outlined below,

Client profile: Mr.jack and Mrs helly have recently married and in planning their future, they have decided to solicit the services of a financial advisor with the aim of implementing their short and long

term lifestyle goals and financial plans. Mr jackson and Mrs.helly are both aged 28.

For their immedlate future they have decided they want to purchases new house and a new car.

The house they want has a value of 4oo,000 $ and they are very excited as both jackson and helly have

never owned a home before. They would also like to buy a new car for $20,000 however are unsure

whether to purchase the car outright or salary sacrifice in order to obtain the car. They expect to travel approximately 35,000km per year. Their longer term plans involve establishing a fairly aggressve

investment portfollo with the aim of directly purchasing an investment property and investing in a

share portfolio of some sort amongst other strategies that you may recommend. They have also heard

from a friend that margin lending can be a profitable and expedite way to achieve their goals

Mr jackson works as a software engineer in MOI he earns $70,000 gross income, while helly works for a

bank and earns $55,000 gross income. They also enjoy taking holidays and plan to have a holiday

each year to the value of $5,000 with an around the world trip planned for five year's time tp the value $20,000 jackson and helly are also keen to retire early and are quite willing to take on additional risk if this assists in them achieving their lifestyle goals faster, They have managed to save between them $180,000 in cash and are looking forward to your advise on how they should go about planning for their future lives together.

-Your report should include: Details of any assumptions made on the client's behalf in relation to investment strategies, client background data or any other relevant information other than those provided. ( 2000 words)

-Specific identification of any risks associated with the financial plan and investment advice, possibly

incuding a SWOT (strengths, weaknesses, opportunities threats) analysis based on the current

investment climate and realism of expected returns aligning with historic performance ( 2000 words)

-Detailed background research that will form a sgnificant component of this assignment. Students are

encouraged to source additional information from the financial press, business magazines, journals,

reports and the internet. All advice should be based on real ife products, investments, securities,

interest rates and economic data. For investment performance returns, students may assume that the

expected returns, growth rates and price of investments and securties will be based on recent history

performance. For example, relevant research in relation to interest rates will regure vou to exolore the

marketplace and find the best loan or package of loans that wll provide the their imvestment and

lifestyle requirements. ( 1000 words)