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Mereeta is 68 years old widow . She earns $1975 per month from her pension income and has an RRSP portfolio of $220,000 . Her
Mereeta 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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