For the investment assignment, I am to provide you with a sample individual for you to conduct your research and submit results. Let's go as follows:

35 years old

Earns $150,000

Single parent (you decide male or female: report on a person, with a name, etc) of two kids

Has $250,000 in liquid assets. $20,000 in car loans.

The individual bought his/her first home a year ago. Current market value is $500,000, with a 30-year mortgage of $360,000 at a 5% interest rate. This person tends to move every five to ten years. The individual wants to retire at age 62, and to live off of $120,000 per year (in today's purchasing power). Hopefully this provides the guidelines that you need to work the assignment. Please feel free to add in any extra interesting details that you would like to thicken out the narrative.

Requirement :

The purpose of this assignment is to help you break down the final Individual Portfolio Project into smaller tasks and to obtain instructor feedback for each step.

Submit your first draft of objectives and constraints to be included in the Investment Policy Statement (IPS).

Additional information to address in the paper includes:

Data presented in the form of numbers, graphs, and charts - utilize the Monte Carlo Illustration of Outflows;

A justification of each investment recommendations you will make to the client;

Support for your policy recommendation based on the principles of modern portfolio theory;

Core allocation percentage targets and ranges; and

Tactical allocation percentage ranges.

This paper should be a minimum of 500 words and supported with scholarly resources.