Investment Project

Please envision that you have just joined the privet banking division of a very large financial institution. your job responsibility is to design investment portfolios for very rich clients, your manger, a fabulous salesman, has just brought in a new client, who are described below

client: Ernest stein: Ernest stein is a successful new have business man, who owns three local businesses. he is 72 years old, is married, has 2 children and 5 grandchildren, in addition to real estate that worth approximately 7,000,000 his businesses are worth 2,000,000 MR stein obtains a salary of $ 200,000 from there two businesses, the portfolio that he has entrusted to our firm is worth $ 5,000,000 MR. stein needs a modest income from the portfolio that approximates 50,000