IT is an assigment question please help mi how to answer step by steps

FM102 MAJOR ASSIGNMENT: Group Research Project (10%) Assignment task The basic requirement is the preparation of a financial plan/report that provides specific advice for your clients whose details are outlined below. The aim of this assignment is to encourage students to apply their learning to a real life investment scenario. Client profile: Josh and Josie Watisoni have recently married and in planning their future 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. Josh and Josie are both aged 28. For their immediate future they have decided they want to purchase a new house and a new car. The house they want has a value of $400,000 and they are very excited as both Josh and Josie have never owned a home before. They would also like to buy a new car for $60,000, however are unsure whether to purchase the car outright or take a car loan in order to obtain the car. They expect to travel approximately 35,000 km per year. Their longer term plans involve establishing a fairly aggressive investment portfolio 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 investing in fixed interest securities can be a profitable and expedite way to achieve their goals. Josh works as a minister for a local church and earns $70,000 gross income, while Josie works for a kindergarten 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 years time to the value of $20,000. Josh and Josie 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 advice on how they should go about planning for their future lives together. Your report /financial plan should include: A one-page questionnaire you have developed to gather more information from your client at your next meeting, after reading the facts of this case. Even before the first meeting, you will try to convince your client to hire your services. Hence, provide 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. Specific identification of any risks associated with the financial plan and investment advice, possibly including a SWOT (strengths, weaknesses, opportunities, threats) analysis based on the current investment climate in Fiji and realism of expected returns, when considering 1 past performances and trends of investment products. Quantitative assessment and calculation of expected returns (incl. adjusted for inflation) and the tax implications (if any), that are relevant to your advice. (Where all required data is not available from the client profile, students may insert relevant assumptions, and provide several scenarios or investment choices for the client). You are required to conduct a detailed background research to gather further information that will form a significant component of this assignment. Students are encouraged to source additional information from the local financial press (e.g. print media), business magazines, finance journals, reports and the internet. All advice should be based on real life products, investments, securities, interest rates and economic data in the Fijian context. For investment performance returns, students may assume that the expected returns, growth rates and price of investments and securities will be based on recent past performance. For example, relevant research in relation to interest rates will require you to explore the marketplace and find the best loan or package of loans that will provide the Watisoni's with the means to undertake their investment and lifestyle requirements. In doing this you would need to identify the expenses they will encounter in arranging these facilities, on-going costs that will arise and associated risks. A similar line of research will need to apply to any other financial strategies or investments (e.g. fixed-interest securities) that you recommend. Relevant calculations, quantitative assessments, research data and questionnaire should be incorporated in your appendixes, and can be referred to in the body of the report. Additional Instructions: Students will work in small groups. At the tutor's discretion students will be assigned to a group of 3 to 4 students from the same tutorial. It is expected that the report will be presented as a logical argument based on sound analysis of the facts and relevant assumptions. Point-form analysis is not acceptable. The report must be comprehensive, that is, TEN typed pages (including tables, figures and appendices), and to the point. Excessive verbosity, lack of precision or otherwise poor writing skill will affect the grade. Student must use: (a) 1.5 line spacing, and (b) 1 inch margins. Submissions of the hard copy of the research report will occur in Week 11 (as per the Course Schedule; at the end of Friday's lecture). All research reports must have a 'Research Report Cover Sheet' and a title page. The research report cover sheet can be downloaded from Moodle. Late submission will follow the late assignment policy. In addition, a soft copy of the research report must be submitted via Turnitin to assess the academic integrity of this assessment task including plagiarism. Refer to the course outline on p. 10 - 11 for further information on this. Group Mark Allocation 2 In all normal circumstances the group mark will be the same for all group members. Please be advised that each student must write on the coversheet his/her contribution towards completion of the research report and each group member is required to sign the coversheet. Reports without this information will not be accepted for marking. If, in any group, there are complaints that a group member has not contributed approximately equally then the complaint will need to be reported in writing to the Course Coordinator. Following such a report the whole group will meet with the Course Coordinator to discuss the issue and the Course Coordinator may re-allocate marks appropriately. In the event that any group member does not attend such a meeting then the necessary reallocation decision will be made by the Course Coordinator on the basis of discussions with those who do attend. Group Presentation (10%) This research project will form the basis of the Group Presentation, scheduled in Weeks 13, 14, 15. Each group will Illustrate their financial plan/research report using a PowerPoint presentation. 1 2 Each group will have 25 minutes to make a presentation with a 10 minute discussion session, making 35 minutes in total. Each member of the group should be given equal times to present (e.g. 8 mins each if there are 3 members; or 6 mins each if there are 4 members), as they will be assessed individually. An electronic copy of your PowerPoint presentation should be sent to me by the day before your presentation. Your presentations will be marked according to the following criteria: Ability to capture and hold audience interest Good eye contact with audience - no reading Effective use and quality of visuals Familiarity with material and question handling skill Introduction & clear concise background of the case Evidence of research methodology rigour - cited multiple data sources Strength of analysis Problem and opportunity identification Clear appropriate & realistic recommendations & design TOTAL 100 3 10 10 10 10 10 10 10 15 15