Phil & Claire Dunphy, ages

$48$

$$and

$46$

$,$

$$respectively

Children:

Haley, female, age

$17$

Alex, female, age

$14$

Luke, male, age

$12$

The Dunphy

$$

s came upon some money due to an inheritance from a distant relative. They have $

$100$

$,$

$000$

$$to invest. They don't yet have a specific goal for this money but don

$$

t plan to need it for

$10$

$-$

$15$

$$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 long

$-$

term 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.

PART $2$: Investment Recommendations

Given their risk tolerance and proposed asset allocation, what specific recommendations do you have for their investments? Keep in mind that bond exposure is required. I will be looking for that in the Mutual Fund and$/$or ETF.

NOTE: It is understood that their final investment mix may be more than these, but we$$re focusing on these $6$ investments.

Investments $($fill in the boxes$)$ worth $30$ pts

Name Ticker current price beta

Stock

Stock

Stock

Stock

Mutual fund

ETF