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Phil & Claire Dunphy, ages 4 8 and 4 6 , respectively Children: Haley, female, age 1 7 Alex, female, age 1 4 Luke, male,
Phil & Claire Dunphy, ages and respectively
Children:
Haley, female, age
Alex, female, age
Luke, male, age
The Dunphys came upon some money due to an inheritance from a distant relative. They have $ to invest. They don't yet have a specific goal for this money but dont plan to need it for years. They have other monies available for their children's college education.
They consider themselves MODERATELY CONSERVATIVE investors which means they do not like market fluctuations but they understand they need to own the right stocks for longterm growth. Phil shows his nervousness more than Claire and gets anxious when the stock market goes down significantly. Phil and Claire made a bad investment choice in the past and this contributes to their moderately conservative outlook.
Based on the information you have about the Dunphys what do you recommend their asset allocation be for the inheritance money? fill in the boxes
Asset class Find the percent for each
Stocks
Bonds
Cash
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