Design an Investment Portfolio for each of the five Situations presented below. There is no perfect answer to this exercise. Present your reasoning and best thoughts on the portfolio's structure, including dollar investment allocations. Properly identify investment names (ETFs; Mutual Funds; Individual Stocks; Bonds; Money Market Funds, etc.) Not just the symbol of the investment. For example: Vanguard Health Care Index Fund Shares (VHT) $25,000. As we progress through the book, highlighting different investment approaches and products, your recommended portfolio structure should (will probably) change. That evolution is a key reason this simulation has been assigned. In all situations the individual(s) have health care coverage. You must select investments for the assets of the individuals, including their IRAs, savings, inheritance, and other assets.

Situation #3 Married couple age 35 with two young children. Both are working with a total income of $150,000. Total IRAs are $20,000; investment portfolio of $55,000 Owns a house worth $300,000, with a $150,000 mortgage. They would like to buy a larger home within three years. Plus, they want to save for children's education.