Investment Policy Statement

Investment Policy Statement - I. PERSONAL CHARACTERISTICS...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
I. PERSONAL CHARACTERISTICS A. FINANCIAL Level of Wealth Assets Value Value Financial Assets Car Loan $ 20,000 Investment Portfolio $ 138,000 Mortgage on House $ 450,000 Retirement Portfolio $ 62,000 Total Liabilities $ 470,000 Real Wealth House in San Jose $ 800,000 Equity $ 600,000 Car $ 70,000 Total $ 1,070,000 $ 1,070,000 1. Income I work as a financial advisor at Dynamic Wealth Strategies making $110,000. I have been trying to save as much as possible to plan for the future. I have been able to put about $5,000 per year into my retirement account and about $8,000 per year into my investment portfolio. B. PERSONAL 1. Risk Tolerance In class, I thought I would be a 6.5 but I scored a 7 on the Risk Tolerance test, I’m considered as a moderate growth investor. I seek a moderate rate of return, but I am also willing to assume the possibility of loss in hopes of larger returns. I feel that this number is accurate and that I am willing to take a moderate amount of risk at this
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/08/2010 for the course BUS 172B at San Jose State University .

Page1 / 4

Investment Policy Statement - I. PERSONAL CHARACTERISTICS...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online