2 An investment company has a number of portfolios available for clients to invest in. The financial assets contained in three of these portfolios are listed below.

•Portfolio 1: Futures, property (retail), speculative shares, highquality corporate bonds.

•Portfolio 2: Government bonds, equity (blue chip), property

(industrial), high-quality corporate bonds, preference shares

•Portfolio 3: Equity (blue chip), equity (speculative), high-quality corporate bonds, property (industrial), preference shares.

Which portfolio would suit:

a a young career professional person aged 25?

b a family person, with three dependent children, aged 45?

c a professional person aged 62?

Justify your answers.