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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
2. Assume that youve just inherited $350,000 and have decided to invest a big chunk of it ($250,000, to be exact) in common stocks. Your objective is to build up as much capital as you can over the next 15 to 20 years, and youre willing to tolerate a "good deal of risk. a. What types of stocks (blue chips, income stocks, and so on) do you think youd be most interested in, and why? Select at least three types of stocks and briefly explain the rationale for selecting each. b. Would your selections change if you were dealing with a smaller amount of money"say, only $50,000? What if you were a more risk-averse investor? c. If your objective was not necessarily to build up as much capital as you can, but to obtain your own financial objectives which three specific stocks would your purchase with the $250,000. Please indicate how much you would invest in each and what your reasoning for selecting each stock is.
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