Project 2 - Bus 172 B, M/W 1:30 June 1, 2019 Dear Mr....

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Bus 172 B, M/W 1:30 June 1, 2019 Dear Mr. Jenkinstein, As you may of heard I am leaving to Mexico until next summer. I have been working hard for quit some time and I would like to have some time off with zero distractions. I will need you to look after my investments for me. While in Mexico I do not plan to follow any markets or do any work (I wont even have a cell phone on me). That is why I am leaving you in charge of my portfolio. I trust you will do a good job not only because you are a great financial advisor, but also I am leaving you a detailed set of instructions on how to manage my funds. No difficult decisions should ever have to be made. However, if somehow one is need to be made I am sure you will make the right one based on all the information enclosed. Have a Happy Thanksgiving, a merry Christmas and a great New Year. Sincerely,
Background image of page 1

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

View Full DocumentRight Arrow Icon
A. Here is a balance sheet of my assets and liabilities Assets Liabilities Investment Portfolio – 97,500 Retirement Portfolio- 50,250 San jose (Condo) - 400,000 Bank Loan 100,000 Bmw- 55,000 Cadilac- 50,000 Sale Boat- 180,000 Bank Loan 70,000 Savings- 19,000 As of today, my net worth is $681,750. This year I will be collecting only $60,000. I am assuming the majority of this money will be used paying off bank loans and my rent. If needed, my savings account can be dipped into for emergencies. If money is not needed it will be placed in my savings money market fund. B. Personal Information: Concerning risk, on a scale of one through ten my risk tolerance is that of a seven and a half. I fit the profile of a Dynamic growth investor. I
Background image of page 2
am willing to moderately aggressive and take on moderate risk in order to achieve a higher return. After taking the client questionnaire I actually scored a six and should
Background image of page 3

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

View Full DocumentRight Arrow Icon
Image of page 4
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.

Page1 / 8

Project 2 - Bus 172 B, M/W 1:30 June 1, 2019 Dear Mr....

This preview shows document pages 1 - 4. Sign up to view the full document.

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