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Garcia is 68 years old widow . She earns $ 1975 per month from her pension income and has an RRSP portfolio of $220,000 .
Garcia is 68 years old widow . She earns $ 1975 per month from her pension income and has an RRSP portfolio of $220,000 . Her monthly expenses average about $3,000 . Which of the following would most likely be her asset allocation ? a)Cash 60 % Fixed Income 30% , Equities 10% b)Cash 20 %, Fixed Income 60% Equities 20\% c)Cash 10 %, Fixed Income 30% , Equities 60% d)Cash 50% , Fixed Income , 45%, Equities 5%
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