You just inherited $100,000 (tax free) from your long lost uncle Jedediah, who found a lost gold mine in the Aquarius Mountains of Arizona. [Some people have all the luck!] You have decided to invest your inheritance for retirement. So, your assignment is to create a retirement investment portfolio with this $100,000. Your portfolio could consist of stocks, mutual funds including at least one stock fund and one bond fund, and ETFs. You can save any leftover funds, but state where you would save them: short-term Treasury debt (bills and notes)? A CD? A Savings Account? A Money Market Account or Fund? These leftover funds cannot be more than 5% ($5,000) of your total amount inherited. You must explain the tax consequences of each investment selected and how any taxes will affect the projected gain or income for you.7-page (minimum) narrative paper discussing the portfolio you have created. Charts and graphs are extra pages and do not count in the 7 pages of narrative. Charts/graphs should be referenced in the paper. Internet printouts and other copies do not count at all toward paper length, but may be submitted as supporting documents.
by Classy Writers | Jun 7, 2020 | Business & Finance /Financial markets
You just inherited $100,000 (tax free) from your long lost uncle Jedediah, who found a lost gold…
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