Using your client's information and what you have learned in this course, develop an investment policy statement for your client, offer recommendations for the client's portfolio, and provide a justification for the recommendations presented. The policy statement should be 500-750 words and must include the following information:

1. A detailed explanation of the investment policy statement, including the investment objectives for the portfolio, based on the unique needs and preferences of the client.
2. Description of any investment constraints, liquidity needs, and the client's time horizon.
3. A justification of each of the investment recommendations you will make to the client
4. Client Information:

   58-year old female, widowed, employed, Monthly free cash after expenses of about $2,000.

   About $250,000 in retirement money in 401 (k).

   Grown-up children, 2 grand- children.

   Modest house fully paid off.

   Wants to have a decent retirement to start between 66-68.

   Wants to leave some money for grandchildrens colleges.

   $150,000 Life insurance policy whole life.